Guide to Information Returns (Continued)
| Due Date | |||||
|---|---|---|---|---|---|
| Form | Title | What to Report | Amounts to Report | To IRS |
To Recipient
(unless indicated otherwise) |
| 1099-Q | Payments From Qualified Education Programs (Under Sections 529 and 530) | Earnings from qualified tuition programs and Coverdell ESAs. | All amounts | February 28* | January 31 |
| 1099-R | Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. | Distributions from retirement or profit-sharing plans, any IRA, insurance contracts, and IRA recharacterizations. | $10 or more | February 28* | January 31 |
| 1099-S | Proceeds From Real Estate Transactions | Gross proceeds from the sale or exchange of real estate and certain royalty payments. | Generally, $600 or more | February 28* | January 31 |
| 1099-SA | Distributions From an HSA, Archer MSA, or Medicare Advantage MSA | Distributions from an HSA, Archer MSA, or Medicare Advantage MSA. | All amounts | February 28* | January 31 |
| 5471 | Information Return of U.S. Person With Respect To Certain Foreign Corporations | U.S. persons who are officers, directors, or shareholders in certain foreign corporations report information as required by sections 6038 and 6046. | See form instructions | Due date of income tax return | None |
| 5472 | Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business | Reportable transactions that occur during the tax year of a reporting corporation with a foreign or domestic related party. | See form instructions | Due date of income tax return | None |
| 5498 | IRA Contribution Information | Contributions (including rollover contributions) to any individual retirement arrangement (IRA) including a SEP, SIMPLE, and Roth IRA; Roth conversions; IRA recharacterizations; and the fair market value (FMV) of the account. | All amounts | May 31 |
(To Participant)
For FMV/RMD Jan 31; For contributions, May 31 |
| 5498-ESA | Coverdell ESA Contribution Information | Contributions (including rollover contributions) to a Coverdell ESA. | All amounts | May 31 | April 30 |
| 5498-SA | HSA, Archer MSA, or Medicare Advantage MSA Information | Contributions to an HSA (including transfers and rollovers) or Archer MSA and the fair market value of an HSA, Archer MSA, or Medicare Advantage MSA. | All amounts | May 31 |
(To Participant)
May 31 |
| 8027 | Employer's Annual Information Return of Tip Income and Allocated Tips | Receipts from large food or beverage operations, tips reported by employees, and allocated tips. | See separate instructions | Last day of February* | Allocated tips are shown on Form W-2, due January 31 |
| 8300 (IRS/FinCen form) | Report of Cash Payments Over $10,000 Received in a Trade or Business | Payments in cash (including certain monetary instruments) or foreign currency received in one transaction, or two or more related transactions, in the course of a trade or business. Does not apply to banks and financial institutions filing FinCen Form 104, and casinos that are required to report such transactions on FinCen Form 103 or, generally, to transactions outside the United States. | Over $10,000 | 15 days after date of transaction |
(To Payer)
January 31 |
| 8308 | Report of a Sale or Exchange of Certain Partnership Interests | Sale or exchange of a partnership interest involving unrealized receivables or inventory items under section 751(a). | (Transaction only) | Generally, attach to Form 1065 or 1065-B |
(To Transferor and Transferee)
January 31 |
| W-2G | Certain Gambling Winnings | Gambling winnings from horse racing, dog racing, jai alai, lotteries, keno, bingo, slot machines, sweepstakes, wagering pools, poker tournaments, etc. | Generally, $600 or more; $1,200 or more from bingo or slot machines; $1,500 or more from keno | February 28* | January 31 |
| 104 (FinCen form) | Currency Transaction Report | Each deposit, withdrawal, exchange of currency, or other payment or transfer by, through, or to financial institutions (other than casinos) or the U.S. Postal Service. | Over $10,000 | 15 days after date of transaction | Not required |
| 926 | Return by a U.S. Transferor of Property to a Foreign Corporation | Certain transfers of tangible and intangible property to a foreign corporation as required by section 6038B. | See form instructions | Attach to tax return | None |
| W-2 | Wage and Tax Statement | Wages, tips, other compensation; social security, Medicare, withheld income taxes; and advance earned income credit (EIC) payments. Include bonuses, vacation allowances, severance pay, certain moving expense payments, some kinds of travel allowances, and third-party payments of sick pay. | See separate instructions | To SSA | To Recipient |
| Last day of February* | January 31 | ||||
| TD F 90-22.1 | Report of Foreign Bank and Financial Accounts | Financial interest in or signature or other authority over a foreign bank account, securities account, or other financial account. | Over $10,000 | To Treasury Dept. | To Recipient |
| June 30 | None | ||||
| *The due date is March 31 if filed electronically. |
Types of Payments Below is an alphabetic list of some payments and the forms to file and report them. However, it is not a complete list of all payments, and the absence of a payment from the list does not indicate that the payment is not reportable. For instructions on a specific type of payment, see the separate instructions in the form(s) listed.
| Type of Payment Report on Form | |
|---|---|
| Abandonment | 1099-A |
| Accelerated death benefits | 1099-LTC |
| Acquisition of control | 1099-CAP |
| Advance earned income credit | W-2 |
| Advance health insurance payments | 1099-H |
| Agriculture payments | 1099-G |
| Allocated tips | W-2 |
| Alternate TAA payments | 1099-G |
| Annuities | 1099-R |
| Archer MSAs: | |
| Contributions | 5498-SA |
| Distributions | 1099-SA |
| Attorney, fees and gross proceeds | 1099-MISC |
| Auto reimbursements, employee | W-2 |
| Auto reimbursements, nonemployee | 1099-MISC |
| Awards, employee | W-2 |
| Awards, nonemployee | 1099-MISC |
| Barter exchange income | 1099-B |
| Bonuses, employee | W-2 |
| Bonuses, nonemployee | 1099-MISC |
| Broker transactions | 1099-B |
| Cancellation of debt | 1099-C |
| Capital gain distributions | 1099-DIV |
| Car expense, employee | W-2 |
| Car expense, nonemployee | 1099-MISC |
| Changes in capital structure | 1099-CAP |
| Charitable gift annuities | 1099-R |
| Commissions, employee | W-2 |
| Commissions, nonemployee | 1099-MISC |
| Commodities transactions | 1099-B |
| Compensation, employee | W-2 |
| Compensation, nonemployee | 1099-MISC |
| Contributions of motor vehicles, boats, and airplanes | 1098-C |
| Cost of current life insurance protection | 1099-R |
| Coverdell ESA contributions | 5498-ESA |
| Coverdell ESA distributions | 1099-Q |
| Crop insurance proceeds | 1099-MISC |
| Damages | 1099-MISC |
| Death benefits | 1099-R |
| Accelerated | 1099-LTC |
| Debt cancellation | 1099-C |
| Dependent care payments | W-2 |
| Direct rollovers | 1099-Q, 1099-R, 5498 |
| Direct sales of consumer products for resale | 1099-MISC |
| Directors' fees | 1099-MISC |
| Discharge of indebtedness | 1099-C |
| Dividends | 1099-DIV |
| Donation of motor vehicle | 1098-C |
| Education loan interest | 1098-E |
| Employee business expense reimbursement | W-2 |
| Employee compensation | W-2 |
| Excess deferrals, excess contributions, distributions of | 1099-R |
| Fees, employee | W-2 |
| Fees, nonemployee | 1099-MISC |
| Fishing boat crew members proceeds | 1099-MISC |
| Fish purchases for cash | 1099-MISC |
| Foreclosures | 1099-A |
| Foreign persons' income | 1042-S |
| 401(k) contributions | W-2 |
| 404(k) dividend | 1099-DIV |
| Gambling winnings | W-2G |
| Golden parachute, employee | W-2 |
| Golden parachute, nonemployee | 1099-MISC |
| Grants, taxable | 1099-G |
| Health care services | 1099-MISC |
| Health insurance advance payments | 1099-H |
| Health savings accounts: | |
| Contributions | 5498-SA |
| Distributions | 1099-SA |
| Income attributable to domestic production activities, deduction for | 1099-PATR |
| Income tax refunds, state and local | 1099-G |
| Indian gaming profits paid to tribal members | 1099-MISC |
| Interest income | 1099-INT |
| Tax-exempt | 1099-INT |
| Interest, mortgage | 1098 |
| IRA contributions | 5498 |
| IRA distributions | 1099-R |
| Life insurance contract distributions | 1099-R, 1099-LTC |
| Liquidation, distributions in | 1099-DIV |
| Loans, distribution from pension plan | 1099-R |
| Long-term care benefits | 1099-LTC |
| Medicare Advantage MSAs: | |
| Contributions | 5498-SA |
| Distributions | 1099-SA |
| Medical services | 1099-MISC |
| Mileage, employee | W-2 |
| Mileage, nonemployee | 1099-MISC |
| Military retirement | 1099-R |
| Mortgage insurance premiums | 1098 |
| Mortgage interest | 1098 |
| Moving expense | W-2 |
| Nonemployee compensation | 1099-MISC |
| Nonqualified deferred compensation: | |
| Beneficiary | 1099-R |
| Employee | W-2 |
| Nonemployee | 1099-MISC |
| Original issue discount (OID) | 1099-OID |
| Patronage dividends | 1099-PATR |
| Pensions | 1099-R |
| Points | 1098 |
| Prizes, employee | W-2 |
| Prizes, nonemployee | 1099-MISC |
| Profit-sharing plan | 1099-R |
| Punitive damages | 1099-MISC |
| Qualified plan distributions | 1099-R |
| Qualified tuition program payments | 1099-Q |
| Real estate transactions | 1099-S |
| Recharacterized IRA contributions | 1099-R, 5498 |
| Refund, state and local tax | 1099-G |
| Rents | 1099-MISC |
| Retirement | 1099-R |
| Roth conversion IRA contributions | 5498 |
| Roth conversion IRA distributions | 1099-R |
| Roth IRA contributions | 5498 |
| Roth IRA distributions | 1099-R |
| Royalties | 1099-MISC |
| Timber, pay-as-cut contract | 1099-S |
| Sales: | |
| Real estate | 1099-S |
| Securities | 1099-B |
| Section 1035 exchange | 1099-R |
| SEP contributions | W-2, 5498 |
| SEP distributions | 1099-R |
| Severance pay | W-2 |
| Sick pay | W-2 |
| SIMPLE contributions | W-2, 5498 |
| SIMPLE distributions | 1099-R |
| Student loan interest | 1098-E |
| Substitute payments in lieu of dividends or tax-exempt interest | 1099-MISC |
| Supplemental unemployment | W-2 |
| Tax refunds, state and local | 1099-G |
| Tips | W-2 |
| Tuition | 1098-T |
| Unemployment benefits | 1099-G |
| Vacation allowance, employee | W-2 |
| Vacation allowance, nonemployee | 1099-MISC |
| Wages | W-2 |
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