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IRS Form 1099-S Deadline for
2024 Tax Year

Form 1099-S for 2024
The IRS mandates e-filing when you file 10 or more tax returns for the 2024 tax year. !

Form 1099-S - Deadline for 2024 Tax Year

Updated on February 06, 2025 - 11:50 AM by Admin, TaxBandits

Table of Contents:

What is Form 1099-S?

The IRS Form 1099-S tax form is used to report proceeds from real estate transactions, this includes both sales and exchanges of property. This includes sales or exchanges related to improved or unimproved land (including air space); permanent structures that are commercial, residential, or industrial in nature; condominium units, stock in cooperative housing corporations, and non-contingent interest in
standing lumber.

When is the IRS Form 1099-S Deadline?

It is mandatory to know the Form 1099-S deadline before filing to stay away from the penalties.

Recipient copy Paper filing E-filing
February 15, 2025 February 28, 2025 March 31, 2025
TaxBandits for Every Business

TaxBandits supports the secure and accurate filing of Form 1099-S Forms with the IRS and State. We also offer solutions for the distribution of your recipient copies. E-file 1099-S Now

Information Required to file Form 1099-S

The following information is required to complete Form 1099-S either on paper or online

  • The payer’s TIN, name, and address
  • The Payee’s TIN, name, address, and account number if applicable
  • The gross distribution
  • Taxable and nontaxable amounts
  • Employee contributions
  • The type of retirement account

E-File Form 1099-S Easily with TaxBandits

With TaxBandits, e-filing Form 1099-S is simple and secure, just follow the steps below to get started

  • Create an account with TaxBandits.
  • Select or add the business you are filing for.
  • Enter the required Form 1099-S details.
  • Review and transmit Form 1099-S to the IRS.

Get started with TaxBandits today and stay compliant with the IRS.

Need a recipient copy solution? TaxBandits has you covered! You can select from our postal mail and online
access options.

Helpful Resources

What is Form 1099-S

What is Form 1099-S

Form 1099-S Instructions

Form 1099-S Instructions

Form 1099 Correction

Form 1099 Correction

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