FAQ

How can I report 1099-int federal tax withheld in efile?
The best place to go is the site www.1099fire.com; you fill out the form and the software will create the file for electronic filing for the 1099-INT.  The Tax Withholding will go to the correct box. You cant use the free fillable forms to file by paper or electronically.  If you look at those forms, they say its for "informational purposes only".
Is there a legal requirement that all 1099's and W-2's be sent out by January 31?
It’s necessary to send the template to the IRS for the 2018 tax year before the end of January 2019.Form 1099-MISC: Fillable & Printable IRS Template Online | PDFfillerThe same term is applicable for filing to your local tax department of state and payment receiver. It’s a general requirement for all information in the return documents to be sent to a governmental institution during the first month of any given year. It’s also important to file before the set deadlines.The IRS allows taxpayers to complete their tax forms electronically in order for them to be received and processed faster.Filing electronically also makes it easier to share one completed copy between persons and institutions you file to.This helps save time and better automates the tax management process.