- We've polished some rough edges for a smoother user experience.
A 1099-S form filler is one of the best tax preparation apps that provides every user with the opportunity to file this informational return to the IRS from any smartphone or tablet.
It’s very convenient to be able to file this form anytime and anywhere you need - especially without having to use paper copies. The application establishes secure connection and data encryption methods, making all personal information included in the form absolutely safe.
Our application is made to accelerate the process of form completing and save you time so that you can focus on more important business.
The multi-functional toolkit contains the following features:
✓ The opportunity to add any textual or numeric information required in the eForm.
✓ The features make it possible to add checkmarks, cross signs, images, and graphic lines.
✓ Easy navigation between the blank 1099S fields.
✓ Including the current date both automatically and manually.
✓ Certification of the document with a legally binding signature. Just draw it with your finger and it will fit the signature field automatically.
✓ To E-File forms to any individual or organization right from the app.
✓ Use any tool you like and file the printable 1099 S form digitally and edit it any way you like, without having to complete the whole form.
The PDF form 1099S is obligatory to be filed by those who have sold a house, rental property, land etc.
However not every sale is reported.
This is meant only for those that are higher than $250 000 in individual property or $500 000 in the joint return. The minimal amount for which the form can be issued is $600. The form is completed by the individual who is closing the financial transaction, such as transferee, a broker or a mortgage lender. The sample should be first filed to the other party of the agreement and then to the Internal Revenue Service. The deadline for filing the document to the recipient is the January 1st for the IRS — the end of February.
Keep in mind that it’s always a good idea to provide all documents beforehand - in order to avoid problems and penalties from the IRS.