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Caution: DRAFT—NOT FOR FILING
This is an early release draft of an IRS tax form, instructions, or publication,
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with respect to draft or final forms, please respond to the relevant information
collection through the Federal Register process; for more info, click here.2022 Department of the Treasury
Internal Revenue Service
General Instructions for
Certain Information Returns
DRAFT AS OF
(Forms 1096, 1097, 1098, 1099, 3921, 3922, 5498, and W-2G)
Section references are to the Internal Revenue Code the Treasury and the IRS to issue regulations that reduce
unless otherwise noted. the 250-return requirement for 2022 tax returns. If those
regulations are issued and effective for 2022 tax returns
Contents Page
required to be filed in 2023, we will post an article at
December 16, 2021
What’s New . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1
IRS.gov explaining the change. Until final regulations are
Future Developments . . . . . . . . . . . . . . . . . . . . . . .. 1 issued, however, the number remains at 250, as reflected
Reminders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1 in these instructions.
Items You Should Note . . . . . . . . . . . . . . . . . . . . . .. 2
Electronic filing of Forms 1099. Under Section 2102 of
Guide to Information Returns . . . . . . . . . . . . . . . . . .. 2 the Taxpayer First Act the IRS is developing an Internet
A. Who Must File . . . . . . . . . . . . . . . . . . . . . . . . . .. 3 portal that will allow taxpayers to electronically file Forms
B. Other Information Returns . . . . . . . . . . . . . . . . . .. 6 1099 after December 31, 2022. See part F or go to
C. When To File . . . . . . . . . . . . . . . . . . . . . . . . . . .. 6 IRS.gov for additional information and updates.
D. Where To File . . . . . . . . . . . . . . . . . . . . . . . . . .. 7 New Form 1098-F filing requirement. File Form
E. Filing Returns With the IRS . . . . . . . . . . . . . . . . .. 7 1098-F, Fines, Penalties and Other Amounts, to report
F. Electronic Reporting . . . . . . . . . . . . . . . . . . . . . .. 8 payments made under suits and agreement, which are
G. Paper Document Reporting . . . . . . . . . . . . . . . . .. 9 binding on or after January 1, 2022. See T.D. 9946,
available at IRS.gov/TD9946. For the latest filing
H. Corrected Returns on Paper Forms . . . . . . . . . . . 10
information, see IRS.gov/Form1098F.
I. Void Returns . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
J. Recipient Names and Taxpayer Identification Continuous use conversion. Forms 1098, 1099-A,
Numbers (TINs) . . . . . . . . . . . . . . . . . . . . . . . . 13 1099-C, 1099-G, 1099-INT, 1099-K, and 1099-S and their
instructions have been converted from annual updates to
K. Filer's Name, Taxpayer Identification Number
continuous use. The form and its instructions will be
(TIN), and Address . . . . . . . . . . . . . . . . . . . . . . 14
updated as required. For more information, see the Guide
L. Account Number Box on Forms . . . . . . . . . . . . . . 14 to Information Returns, later.
M. Statements to Recipients (Beneficiaries,
Borrowers, Debtors, Donors, Employees, Future Developments
Insureds, Participants, Payment Recipients, For the latest information about developments related to
Payers, Policyholders, Sellers, Shareholders, the General Instructions for Certain Information Returns
Students, Transferors, or Winners on Certain after they were published, go to General Instructions for
Forms) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Certain Information Returns at IRS.gov/
N. Backup Withholding . . . . . . . . . . . . . . . . . . . . . . 18 1099GeneralInstructions.
O. Penalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
P. Payments to Corporations and Partnerships . . . . . 21
Reminders
Q. Earnings on Any IRA, Coverdell ESA, ABLE Where to send extension of time to furnish state-
Account, Archer MSA, or HSA . . . . . . . . . . . . . . 21 ments to recipients. An extension of time to furnish the
R. Certain Grantor Trusts . . . . . . . . . . . . . . . . . . . . 21 statements is now a fax only submission. See Extension
S. Special Rules for Reporting Payments Made of time to furnish statements to recipients, later, for more
Through Foreign Intermediaries and Foreign information.
Flow-Through Entities on Form 1099 . . . . . . . . . 22 Continuous use. Forms 1097-BTC, 1098, 1098-C,
T. How To Get Tax Help . . . . . . . . . . . . . . . . . . . . . 23 1098-F, 1098-MA, 1098-Q, 1099-A, 1099-C, 1099-CAP,
Guide to Information Returns (If any date shown 1099-G, 1099-H, 1099-INT, 1099-K, 1099-LS, 1099-LTC,
falls on a Saturday, Sunday, or legal holiday in 1099-OID, 1099-Q, 1099-S, 1099-SA, and 1099-SB and
the District of Columbia or where the return is their instructions are continuous use. The forms and their
to be filed, the due date is the next business instructions will be updated as required. For more
day.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 information, see the Guide to Information Returns, later.
Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Due date for certain statements sent to recipients.
The due date for furnishing statements to recipients for
What’s New Forms 1099-B, 1099-S, and 1099-MISC (if amounts are
Electronic filing of returns. The Taxpayer First Act of reported in box 8 or 10) is February 15, 2023. This also
2019, enacted July 1, 2019, authorized the Department of applies to statements furnished as part of a consolidated
Dec 16, 2021 Cat. No. 27976Freporting statement. See the Guide to Information Returns • Instructions for Forms 1099-MISC and 1099-NEC.
for due dates for all returns. • Instructions for Form 1099-PATR.
Electronic filing. E-filers are reminded that using the • Instructions for Form 1099-Q.
FIRE System requires following the specifications • Instructions for Forms 1099-QA and 5498-QA.
contained in Pub. 1220. Also, the IRS does not provide a • Instructions for Forms 1099-R and 5498.
fill-in form option for most forms required to be filed with • Instructions for Form 1099-S.
the IRS covered by these instructions; however, see • Instructions for Forms 1099-SA and 5498-SA.
Online fillable forms in part E, later. See part F for • Instructions for Form 1099-SB.
DRAFT AS OF
information on e-file. • Instructions for Forms 3921 and 3922.
• Instructions for Form 5498-ESA.
Online fillable forms Copies 1, B, 2, C, and D. Copies • Instructions for Forms W-2G and 5754.
1, B, 2, C, and D, as applicable, to be furnished to
recipients and kept in filers’ records, have been made You can also obtain the latest developments for each of
fillable online at IRS.gov for many forms referenced in the forms and instructions listed here by visiting their
December 16, 2021
these instructions. See the separate instructions for information pages at IRS.gov. See the separate
Forms 1098, 1098-E&T, 1098-F, 1098-Q, 1099-A&C, instructions for each form on the webpage via the link.
1099-B, 1099-DIV, 1099-G, 1099-INT&OID, 1099-K, See How To Get Forms, Publications, and Other
1099-LS, 1099-MISC, 1099-NEC, 1099-PATR, Assistance, later.
1099-R&5498, 1099-S, 1099-SB, and 3921.
Payee. Throughout these instructions, the term “payee”
Guide to Information Returns
means the person with respect to whom Forms 1097, See the chart, later, for a brief summary of information
1098, 1099, 3921, 3922, 5498, or W-2G are required to be return reporting rules.
filed, including beneficiaries, borrowers, debtors, donors,
employees, insureds, participants, payment recipients, Use Form 1096 To Send Paper Forms to the IRS
policyholders, sellers, shareholders, students, transferors, You must send Copies A of all paper Forms 1097, 1098,
and winners. 1099, 3921, 3922, 5498, and W-2G to the IRS with Form
1096, Annual Summary and Transmittal of U.S.
Information Returns. Instructions for completing Form
Items You Should Note 1096 are contained on Form 1096. Also see part E.
Photographs of Missing Children Reporting Backup Withholding on Forms 1099
The Internal Revenue Service is a proud partner with the and W-2G
National Center for Missing & Exploited Children®
If you backup withhold on a payment, you must file the
(NCMEC). Photographs of missing children selected by
appropriate Form 1099 or Form W-2G with the IRS and
the Center may appear in instructions on pages that would
furnish a statement to the recipient to report the amount of
otherwise be blank. You can help bring these children
the payment and the amount withheld. This applies even
home by looking at the photographs and calling
though the amount of the payment may be below the
1-800-THE-LOST (1-800-843-5678) if you recognize a
normal threshold for filing Form 1099 or Form W-2G. For
child.
how to report backup withholding, see part N.
Available Instructions
Substitute Statements to Recipients
In addition to these general instructions, which contain
If you are using a substitute form to furnish information
general information concerning Forms 1096, 1097, 1098,
statements to recipients (generally Copy B), be sure your
1099, 3921, 3922, 5498, and W-2G, we provide specific
substitute statements comply with the rules in Pub. 1179.
form instructions separately. Get the instructions you need
Pub. 1179, which is revised annually, explains the
for completing a specific form from the following list of
requirements for format and content of substitute
separate instructions.
statements to recipients. See part M for additional
• Instructions for Form 1097-BTC. information.
• Instructions for Form 1098.
• Instructions for Form 1098-C. Taxpayer Identification Number (TIN) Matching
• Instructions for Forms 1098-E and 1098-T. TIN Matching allows a payer or authorized agent who is
• Instructions for Form 1098-F. required to file Forms 1099-B, DIV, G, INT, K, MISC, NEC,
• Instructions for Form 1098-Q. OID, and/or PATR, which report income subject to backup
• Instructions for Forms 1099-A and 1099-C. withholding, to match TIN and name combinations with
• Instructions for Form 1099-B. IRS records before submitting the forms to the IRS. TIN
• Instructions for Form 1099-CAP. Matching is one of the e-services products that is offered
• Instructions for Form 1099-DIV. and is accessible through the IRS website. For program
• Instructions for Form 1099-G. guidelines, see Pub. 2108-A, or go to IRS.gov and enter
• Instructions for Form 1099-H. keyword “TIN Matching” in the upper right corner. It is
• Instructions for Forms 1099-INT and 1099-OID. anticipated that payers who validate the TIN and name
• Instructions for Form 1099-K. combinations before filing information returns will receive
• Instructions for Form 1099-LS. fewer backup withholding (CP2100) notices and penalty
• Instructions for Form 1099-LTC.
-2- Gen. Instr. for Certain Info. Returns (2022)notices. E-services technical support is available by which the combined reporting procedure applies and that
calling 866-255-0654. the successor assumes the predecessor's entire
information reporting obligations for these forms. The
A. Who Must File predecessor and successor may agree to:
See the separate specific instructions for each form. 1. Use the combined reporting procedure for all Forms
1097, 1098, 1099, 3921, 3922, 5498, and W-2G; or
Nominee/middleman returns. Generally, if you receive
2. Limit the use of the combined reporting procedure
a Form 1099 for amounts that actually belong to another
to (a) specific forms, or (b) specific reporting entities,
DRAFT AS OF
person, you are considered a nominee recipient. You
including any unit, branch, or location within a particular
must file a Form 1099 with the IRS (the same type of Form
business entity that files its own separate information
1099 you received) for each of the other owners showing
returns. For example, if the predecessor's and
the amounts allocable to each. You must also furnish a
successor's only compatible computer or recordkeeping
Form 1099 to each of the other owners. File the new Form
systems are their dividends paid ledgers, they may agree
1099 with Form 1096 with the IRS Submission Processing
December 16, 2021
to use the combined reporting procedure for Forms
Center for your area. On each new Form 1099, list
1099-DIV only. Similarly, if the only compatible systems
yourself as the “payer” and the other owner as the
are in their Midwest branches, they may agree to use the
“recipient.” On Form 1096, list yourself as the “Filer.” A
combined reporting procedure for only the Midwest
spouse is not required to file a nominee return to show
branches.
amounts owned by the other spouse. The nominee, not
the original payer, is responsible for filing the subsequent Combined reporting procedure. On each Form
Forms 1099 to show the amount allocable to each owner. 1097, 1098, 1099, 3921, 3922, 5498, and W-2G filed by
Successor/predecessor reporting. A successor the successor, the successor must combine the
business entity (a corporation, partnership, or sole predecessor's (before the acquisition) and successor's
proprietorship) and a predecessor business entity (a reportable amounts, including any withholding, for the
corporation, partnership, or sole proprietorship) may acquisition year and report the aggregate. For
agree that the successor will assume all or some of the transactional reporting, the successor must report each of
predecessor's information reporting responsibilities. This the predecessor's transactions and each of its own
would permit the successor to file one Form 1097, 1098, transactions on the appropriate form. The successor may
1099, 3921, 3922, 5498, or W-2G for each recipient include with the form sent to the recipient additional
combining the predecessor's and successor's reportable information explaining the combined reporting.
amounts, including any withholding. If they so agree and For purposes of the combined reporting procedure, the
the successor satisfies the predecessor's obligations and sharing of TINs and other information obtained under
the conditions described on this page, the predecessor section 3406 for information reporting and backup
does not have to file the specified information returns for withholding purposes does not violate the confidentiality
the acquisition year. If the successor and predecessor do rules in section 3406(f).
not agree, or if the requirements described are not met, Statement required. The successor must file a
the predecessor and the successor each must file Forms statement with the IRS indicating the forms that are being
1097, 1098, 1099, 3921, 3922, 5498, and W-2G for their filed on a combined basis under Rev. Proc. 99-50. The
own reportable amounts as they usually would. For more statement must:
information and the rules that apply to filing combined 1. Include the predecessor's and successor's names,
Forms 1042-S, see Rev. Proc. 99-50, which is available addresses, telephone numbers, employer identification
on page 757 of Internal Revenue Bulletin 1999-52 at numbers (EINs), and the name and telephone number of
IRS.gov/pub/irs-irbs/irb99-52.pdf. the person responsible for preparing the statement;
The combined reporting procedure is available when all 2. Reflect separately the amount of federal income tax
the following conditions are met. withheld by the predecessor and by the successor for
1. The successor acquires from the predecessor each type of form being filed on a combined basis (for
substantially all the property (a) used in the trade or example, Form 1099-R or 1099-MISC); and
business of the predecessor, including when one or more 3. Be sent separately from Forms 1097, 1098, 1099,
corporations are absorbed by another corporation under a 3921, 3922, 5498, and W-2G by the forms' due date to:
merger agreement under which the surviving corporation
becomes the owner of all the assets and assumes all the Internal Revenue Service
liabilities of the absorbed corporation(s), or (b) used in a Information Returns Branch
separate unit of a trade or business of the predecessor. 230 Murall Drive, Mail Stop 4360
2. The predecessor is required to report amounts, Kearneysville, WV 25430
including any withholding, on information returns for the
year of acquisition for the period before the acquisition. Do not send Form 1042-S statements to this address.
3. The predecessor is not required to report amounts, Instead, use the address given in the Instructions for Form
including withholding, on information returns for the year 1042-S; see Rev. Proc. 99-50.
of acquisition for the period after the acquisition. Qualified settlement funds. A qualified settlement fund
Combined reporting agreement. The predecessor must file information returns for distributions to claimants if
and the successor must agree on the specific forms to any transferor to the fund would have been required to file
Gen. Instr. for Certain Info. Returns (2022) -3-if the transferor had made the distributions directly to the as applicable, which may address additional income
claimants. reporting requirements.
For distributions to transferors, a fund is considered in Due date and other requirements for furnishing
a trade or business for information reporting purposes and statement to TIH. The written tax information for 2022
may be required to file Form 1099-MISC or other furnished to the TIH is due on or before March 15, 2023.
information returns. For payments made by the fund on For other items of expense and credit that must be
behalf of a claimant or transferor, the fund is subject to reported to the TIH, see Regulations section 1.671-5(c).
these same rules and may have to file information returns There is no reporting requirement if the TIH is an
DRAFT AS OF
for payment to third parties. For information reporting exempt recipient unless the trustee or middleman backup
purposes, a payment made by the fund on behalf of a withholds under section 3406. If the trustee or middleman
claimant or transferor is considered a distribution to the backup withholds, then follow the rules in part N. An
claimant or transferor and is also subject to information exempt recipient for this purpose is defined in Regulations
reporting requirements. section 1.671-5(b)(7).
December 16, 2021
The same filing requirements, exceptions, and Reporting to foreign persons. Items of a WHFIT
thresholds may apply to qualified settlement funds as attributable to a TIH who is not a U.S. person must be
apply to any other payer. That is, the fund must determine reported and amounts withheld following the provisions of
the character of the payment (for example, interest, fixed sections 1441 through 1464. See Form 1042-S and its
or determinable income, or gross proceeds from broker separate instructions for more information.
transactions) and to whom the payment is made (for
example, corporation or individual). Foreign Account Tax Compliance Act (FATCA)
For more information, see Regulations section Filing Requirements of Certain Foreign
1.468B-2(l). Also, see Treasury Decision (TD) 9249, Financial Institutions (FFIs)
2006-10 I.R.B. 546, available at IRS.gov/irb/ If you are required to report an account that is a U.S.
2006-10_IRB#TD-9249. TD 9249 relates to escrow and account under chapter 4 of the Internal Revenue Code,
similar funds. you may be eligible to elect to report the account on
Payments to foreign persons. See the Instructions for Form(s) 1099 instead of on Form 8966, FATCA Report.
Form 1042-S, relating to U.S. source income of foreign If the account is either a U.S. account held by a
persons, for reporting requirements relating to payments ! passive nonfinancial foreign entity (NFFE) that is a
to foreign persons. CAUTION U.S.-owned foreign entity or an account held by
Widely held fixed investment trusts (WHFITs). an owner-documented FFI, do not file a Form 1099 with
Trustees and middlemen of WHFITs are required to report respect to such an account. Instead, you must file Form
all items of gross income and proceeds on the appropriate 8966, in accordance with its requirements and its
Form 1099. For the definition of a WHFIT, see accompanying instructions, to report the account for
Regulations section 1.671-5(b)(22). A tax information chapter 4 purposes.
statement that includes the information provided to the
Election described in Regulations section
IRS on Forms 1099, as well as additional information
1.1471-4(d)(5)(i)(A). You are eligible to make this
identified in Regulations section 1.671-5(e), must be
election to report an account on Form(s) 1099 if:
furnished to trust interest holders (TIHs).
• You are a participating FFI (including a Reporting Model
Items of gross income (including original issue discount 2 FFI) (PFFI) or are a registered deemed-compliant FFI
(OID)) attributable to the TIH for the calendar year, (RDC FFI) (other than a Reporting Model 1 FFI) required
including all amounts of income attributable to selling, to report a U.S. account as a condition of your applicable
purchasing, or redeeming of a trust holder's interest in the RDC FFI status (see Regulations section 1.1471-5(f)(1)
WHFIT, must be reported. Items of income that are (i));
required to be reported, including non-pro rata partial • You are required to report the account as a U.S.
principal payments, trust sales proceeds, redemption account for chapter 4 purposes; and
asset proceeds, and sales of a trust interest on a • The account is a U.S. account held by a specified U.S.
secondary market, must be reported on Form 1099-B. person.
See Regulations section 1.671-5(d).
Election described in Regulations section
Safe harbor rules for determining the amount of an item 1.1471-4(d)(5)(i)(B). You are eligible to make this
to be reported on Form 1099 and a tax information election to report an account on Form(s) 1099 if:
statement with respect to a TIH in a non-mortgage WHFIT • You are a PFFI or are an RDC FFI (other than a
(NMWHFIT) and a widely held mortgage trust (WHMT) Reporting Model 1 FFI) required to report a U.S. account
are found in Regulations sections 1.671-5(f) and (g), as a condition of your applicable RDC FFI status (see
respectively. Regulations section 1.1471-5(f)(1)(i));
Trustees and middlemen must follow all the rules for • You are required to report the account as a U.S.
filing Forms 1099 with the IRS and furnishing a statement account for chapter 4 purposes; and
to the TIH (except as noted below) as described in parts A • The account is a U.S. account held by a specified U.S.
through S of these instructions. Trustees and middlemen person that is a cash value insurance contract or annuity
should also follow the separate instructions for Forms contract that you elect to report in a manner similar to
1099-B, 1099-DIV, 1099-INT, 1099-MISC, and 1099-OID, section 6047(d).
-4- Gen. Instr. for Certain Info. Returns (2022)You may make an election described in Regulations In addition, if you are filing electronically, enter numeric
section 1.1471-4(d)(5)(i)(A) or (B) either with respect to all code “1” in the “Transfer Agent Indicator” field. See Pub.
such U.S. accounts or with respect to any clearly 1220 for electronic filing of forms. If you are filing on
identified group of such accounts (for example, by line of paper, enter your Global Intermediary Identification
business or by location where the account is maintained). Number (GIIN) in the lower right-hand portion of the title
Special reporting by U.S. payer described in Regula- area on the top of Form 1096. For transmittal of paper
tions section 1.1471-4(d)(2)(iii)(A). If you are a U.S. forms, see Form 1096 and its accompanying instructions.
payer that is a PFFI other than a U.S. branch, you may If you are an FFI described above that is electing to
DRAFT AS OF
also satisfy your requirement to report with respect to a report an account to which you did not make any
U.S. account for chapter 4 purposes by reporting on each payments for the calendar year that are required to be
appropriate Form 1099 in the manner described in reported on a Form 1099, you must report the account on
Regulations section 1.1471-4(d)(2)(iii)(A). Form 1099-MISC or Form 1099-NEC. In addition, if you
made any payments for the calendar year that would be
Reporting procedure. If you are an FFI that is eligible to required to be reported on a Form 1099 if not for an
December 16, 2021
make an election described in Regulations section applicable dollar amount threshold, you must also report
1.1471-4(d)(5)(i)(A) or (B) or are a U.S. payer reporting as the account on Form 1099-MISC or Form 1099-NEC. See
described in Regulations section 1.1471-4(d)(2)(iii)(A), the Instructions for Forms 1099-MISC and 1099-NEC.
you must do so by filing each appropriate Form 1099 with
the IRS and reporting the payments required to be Payments required to be reported. If you make an
reported by a U.S. payer (as defined in Regulations election described in Regulations section 1.1471-4(d)(5)
section 1.6049-5(c)(5)) with respect to the account. (i)(A) or (B), you are required to report any payments
However, see Payments required to be reported, later. made to the account as required for purposes of the
Also see the separate specific instructions for each form election, that is, payments that would be reportable under
to determine which form to file. sections 6041, 6042, 6045, and 6049 if you were a U.S.
payer.
All Form 1099 filers must have an EIN. If you have
TIP not previously filed a Form 1099 or other return, Reporting under chapter 4 does not affect an FFI’s
you must obtain an EIN and include it on each ! otherwise applicable obligations to report
Form 1099 that you file. See part K for more information, CAUTION payments as a payer under chapter 61.
including how to obtain an EIN and exceptions to the EIN
rule. Forms 1099 used. The payments required to be
reported under this election for calendar year 2022 must
In addition to the information otherwise required to be be reported, as applicable, on Form 1099-B, Proceeds
reported on the appropriate Form 1099, you must also From Broker or Barter Exchange Transactions; Form
include the following information for each account you are 1099-DIV, Dividends and Distributions; 1099-INT, Interest
reporting as described in Regulations section 1.1471-4(d) Income; 1099-MISC, Miscellaneous Information;
(2)(iii)(A) or (d)(5)(i)(A) or (B). 1099-NEC, Nonemployee Compensation; 1099-OID,
• The name, address, and TIN of the account holder. Original Issue Discount; or 1099-R, Distributions From
• The account number. Pensions, Annuities, Retirement or Profit-Sharing Plans,
• If applicable, the jurisdiction of the branch that IRAs, Insurance Contracts, etc. Also see the separate
maintains the account being reported by adding the specific instructions for each form.
branch’s jurisdiction after the payer’s name, that is,
Definitions. Generally, for detailed information about
“Payer’s Name (Jurisdiction X branch).”
definitions that apply for purposes of chapter 4, see
If you are an FFI making an election described in Regulations section 1.1471-1(b). A Reporting FI under a
! Regulations section 1.1471-4(d)(5)(i)(A) or (B), or Model 2 Intergovernmental Agreement (IGA) should also
CAUTION are a U.S. payer reporting as described in refer to definitions that may apply under that IGA or apply
Regulations section 1.1471-4(d)(2)(iii)(A), you are pursuant to any applicable domestic law pertaining to its
required to report the payee’s account number on each FATCA obligations. Solely for purposes of filing Forms
Form 1099 you file (regardless of the fact that the account 1099, the following definitions are provided to help guide
number may otherwise be optional for purposes of filers through the process.
reporting on the applicable Form 1099). Account. An account means a financial account
described in Regulations section 1.1471-5(b), including a
If you are a sponsoring entity that is reporting a U.S. cash value insurance contract and annuity contract.
account on behalf of a sponsored FFI described above,
Account holder. An account holder is the person who
report on the appropriate Form(s) 1099 the following
holds a financial account, as determined under
information in the payer boxes (if filing on paper) or in the
Regulations section 1.1471-5(a)(3).
appropriate fields of the payer record (if filing
electronically). Foreign financial institution (FFI). An FFI generally
means a foreign entity that is a financial institution.
• For the name, enter the sponsored FFI’s name on the
first line and the sponsoring entity’s name on the second Owner-documented FFI. An owner-documented FFI
line. is an FFI described in Regulations section 1.1471-5(f)(3).
• For the address, enter the sponsoring entity’s address. Participating FFI (PFFI). A PFFI is an FFI that has
• For the federal (or taxpayer) identification number, agreed to comply with the requirements of an FFI
enter the sponsored FFI’s EIN. agreement with respect to all branches of the FFI, other
Gen. Instr. for Certain Info. Returns (2022) -5-than a branch that is a Reporting Model 1 FFI or a U.S. • Schedule K-1 (Form 1120-S), reporting distributive
branch. The term “PFFI” also includes an FFI described in shares to shareholders of S corporations.
a Model 2 IGA that has agreed to comply with the • Schedule K of Form 1120-IC-DISC, reporting actual
requirements of an FFI agreement with respect to a and constructive distributions to shareholders and
branch, and a Qualified Intermediary (QI) branch of a U.S. deferred DISC income.
financial institution, unless such branch is a Reporting • Schedule Q (Form 1066), reporting income from a real
Model 1 FFI. estate mortgage investment conduit (REMIC) to a residual
Recalcitrant account holder. A recalcitrant account interest holder.
DRAFT AS OF
holder is an account holder (other than an account holder
that is an FFI) of a PFFI or registered deemed-compliant C. When To File
FFI that has failed to provide the FFI maintaining its
Except as indicated below, file Forms 1097, 1098, 1099,
account with the information required under Regulations
3921, 3922, or W-2G on paper by February 28, 2023, or
section 1.1471-5(g).
March 31, 2023, if filing electronically. File Forms 5498,
Registered deemed-compliant FFI (RDC FFI). An
December 16, 2021
5498-ESA, 5498-QA, and 5498-SA by May 31, 2023.
RDC FFI is an FFI described in Regulations section Form 1096 must accompany all paper submissions. See
1.1471-5(f)(1), and includes a Reporting Model 1 FFI, a QI part E for paper and part F for electronic filing
branch of a U.S. financial institution that is a Reporting requirements.
Model 1 FFI, and a nonreporting Foreign Intermediary (FI)
treated as a registered deemed-compliant FFI under a The following are exceptions to the filing
Model 2 IGA. ! deadlines shown above.
Reporting Model 1 FFI. A Reporting Model 1 FFI is an CAUTION
FI, including a foreign branch of a U.S. financial institution, • File and furnish a copy of Form 1099-NEC on paper or
treated as a reporting financial institution under a Model 1 electronically by January 31, 2023.
IGA. • Form 1099-SB is generally due by February 28, 2023,
Reporting Model 2 FFI. A Reporting Model 2 FFI is or March 31, 2023, if filing electronically, but see
an FI or branch of an FI treated as a reporting financial Regulations section 1.6050Y-3(c) for a special exception.
institution under a Model 2 IGA.
Specified U.S. person. A specified U.S. person is any You will meet the requirement to file timely if the form is
U.S. person described in Regulations section 1.1473-1(c). properly addressed, postmarked, and mailed using the
Sponsored FFI. A Sponsored FFI is an FFI that is an official mail of the United States, or a private delivery
investment entity, a controlled foreign corporation, or a service (PDS) designated by the IRS on or before the due
closely held investment vehicle that has a Sponsoring date. If the regular due date falls on a Saturday, Sunday,
Entity that performs certain due diligence, withholding, or legal holiday in the District of Columbia or where the
and reporting obligations on behalf of the Sponsored FFI. return is to be filed, file by the next business day. A
Sponsoring Entity. A Sponsoring Entity is an entity business day is any day that is not a Saturday, Sunday, or
that has registered with the IRS to perform the due legal holiday in the District of Columbia or where the
diligence, withholding, and reporting obligations of one or return is to be filed. See part M about providing Forms
more Sponsored FFIs or Sponsored Direct Reporting 1097, 1098, 1099, 3921, 3922, 5498, and W-2G or
NFFEs. statements to recipients. See section 11 of Pub. 15 for a
U.S. account. A U.S. account is any account held by list of legal holidays.
one or more specified U.S. persons. A U.S. account also Private delivery services (PDSs). You can use certain
includes any account held by a passive NFFE that has PDSs designated by the IRS to meet the “timely mailing
one or more substantial U.S. owners, or in the case of a as timely filing” rule for information returns. Go to
Reporting Model 2 FFI, any account held by a passive IRS.gov/PDS for the current list of designated PDSs.
NFFE that has one or more controlling persons that are The PDS can tell you how to get written proof of the
specified U.S. persons. See Regulations section mailing date.
1.1471-5(a) and an applicable Model 2 IGA.
For the IRS mailing address to use if you’re using a
PDS, go to IRS.gov/PDSstreetAddresses and select the
B. Other Information Returns address that corresponds with the city of the address
The income information you report on the following forms where you would otherwise mail your information returns
must not be repeated on Forms 1099 or W-2G. according to the D. Where To File section.
• Form W-2, reporting wages and other employee PDSs can't deliver items to P.O. boxes. You must
compensation.
! use the U.S. Postal Service to mail any item to an
• Forms 1042-S and 1000, reporting income to foreign IRS P.O. box address.
persons.
CAUTION
• Form 2439, reporting undistributed long-term capital Reporting period. Forms 1097, 1098, 1099, 3921, 3922,
gains of a regulated investment company (RIC) or real and W-2G are used to report amounts received, paid,
estate investment trust (REIT). credited, donated, transferred, or canceled, in the case of
• Schedule K-1 (Form 1065), reporting distributive shares Form 1099-C, during the calendar year. Forms 5498,
to members of a partnership. 5498-ESA, 5498-QA, and 5498-SA are used to report
• Schedule K-1 (Form 1041), reporting distributions to amounts contributed and the fair market value (FMV) of
beneficiaries of trusts or estates. an account for the calendar year.
-6- Gen. Instr. for Certain Info. Returns (2022)Extension of time to file. You can get an automatic If your principal business,
30-day extension of time to file by completing Form 8809. office or agency, or legal
Use the following address
The form may be submitted on paper, or through the FIRE residence in the case of an
System either as a fill-in form or an electronic file. A individual, is located in
signature or explanation may be required for the ▼ ▼
extension. However, you must file Form 8809 by the due Alabama, Arizona, Arkansas,
date of the returns in order to get the 30-day extension. Delaware, Florida, Georgia,
Under certain hardship conditions, you may apply for an Internal Revenue Service
DRAFT AS OF
Kentucky, Maine,
additional 30-day extension. See Form 8809 for more Austin Submission Processing
Massachusetts, Mississippi,
Center
information. New Hampshire, New Jersey,
P.O. Box 149213
New Mexico, New York, North
For Forms W-2 and 1099-NEC, no automatic Austin, TX 78714
Carolina, Ohio, Texas,
! extension is available. See Form 8809.
Vermont, Virginia
CAUTION
December 16, 2021
Alaska, Colorado, Hawaii,
For tax year 2022, requests for extensions of time
Idaho, Illinois, Indiana, Iowa,
! to file Forms 1099-QA and 5498-QA may be filed Kansas, Michigan, Minnesota, Department of the Treasury
CAUTION on paper only. Missouri, Montana, Nebraska, IRS Submission Processing
How to apply. As soon as you know that a 30-day Nevada, North Dakota, Center
extension of time to file is needed, file Form 8809. Oklahoma, Oregon, South P.O. Box 219256
Carolina, South Dakota, Kansas City, MO 64121-9256
• Follow the instructions on Form 8809 and mail it to the
Tennessee, Utah, Washington,
address listed in the instructions on the form. See the
Wisconsin, Wyoming
instructions for Form 8809 for more information.
• You can submit the extension request online through California, Connecticut, District Department of the Treasury
the FIRE System. You are encouraged to submit requests of Columbia, Louisiana, IRS Submission Processing
using the online fillable form. See Pub. 1220, Part B, for Maryland, Pennsylvania, Center
more information on filing online or electronically. Rhode Island, West Virginia 1973 North Rulon White Blvd.
Extension for statements to recipients. For Ogden, UT 84201
information on requesting an extension of time to furnish
statements to recipients, see Extension of time to furnish
statements to recipients under part M. If your legal residence or principal place of business, or
principal office or agency, is outside the United States,
D. Where To File use the following address.
Use the 3-line address for your state for mailing Internal Revenue Service
information returns. Austin Submission Processing Center
!
CAUTION P.O. Box 149213
Send all information returns filed on paper to the Austin, TX 78714
following.
State and local tax departments. Contact the
applicable state and local tax department as necessary for
reporting requirements and where to file.
E. Filing Returns With the IRS
The IRS strongly encourages the quality review of data
before filing to prevent erroneous notices from being
mailed to payees (or others for whom information is being
reported).
Generally, you are not required to report
TIP payments smaller than the minimum described for
a form; however, you may prefer, for economy
and your own convenience, to file Copies A for all
payments. The IRS encourages this.
If you must file any Form 1097, 1098, 1099, 3921,
3922, 5498, or W-2G with the IRS and you are filing paper
forms, you must send a Form 1096 with each type of form
as the transmittal document. You must group the forms by
form number and submit each group with a separate Form
1096. For example, if you file Forms 1098, 1099-A, and
1099-MISC, complete one Form 1096 to transmit Forms
1098, another for Forms 1099-A, and a third for Forms
1099-MISC. Specific instructions for completing Form
Gen. Instr. for Certain Info. Returns (2022) -7-1096 are included on the form. Also, see Transmitters, 84-33, 1984-1 C.B. 502, and the Instructions for Form
paying agents, etc., later. For information about filing 945.
corrected paper returns, see part H.
Keeping copies. Generally, keep copies of information
Because the IRS processes paper forms by returns you filed with the IRS, or have the ability to
! machine (optical character recognition reconstruct the data, for at least 3 years (4 years for Form
CAUTION equipment), you cannot file Form 1096 or Copy A 1099-C), from the due date of the returns. Keep copies of
of Forms 1098, 1099, 3921, or 5498 that you print from information returns for 4 years if backup withholding was
the IRS website. But see Online fillable forms, later, for imposed.
DRAFT AS OF
some forms that you can fill in and print from the IRS Shipping and mailing. Send the forms to the IRS in a
website. Additionally, you can still use Copy B of online flat mailer (not folded). If you are sending many forms, you
forms to provide recipient statements, even if you can’t file
may send them in conveniently sized packages. On each
the online forms with the IRS. package, write your name, number the packages
consecutively, and place Form 1096 in package number
December 16, 2021
You can order information returns and instructions
1. Postal regulations require forms and packages to be
online at IRS.gov/OrderForms, or you can mail an order to
sent by First-Class Mail.
the address in part T.
See Pub. 1179 for specifications for private printing of F. Electronic Reporting
substitute information returns. You may not request
Electronic filing is available, and may be required, for filing
special consideration. Only forms that conform to the
all information returns discussed in these instructions,
official form and the specifications in Pub. 1179 are
other than Forms 1099-QA and 5498-QA (see Who must
acceptable for filing with the IRS.
file electronically, later). Different types of payments, such
Online fillable forms. Due to the very low volume of as interest, dividends, and rents, may be reported in the
paper Forms 1097-BTC, 1098-C, 1098-MA, 1098-Q, same submission.
1099-CAP, 1099-LTC, 1099-Q, 1099-QA, 1099-SA, 3922,
You can file Forms 1097, 1098, 1099,
5498-ESA, 5498-QA, and 5498-SA received and
3921, 3922, 5498, and W-2G, except
processed by the IRS each year, these forms have been
Forms 1099-QA and 5498-QA,
converted to online fillable PDFs. You may fill out these
electronically through the Filing Information Returns
forms, found online at IRS.gov/FormsPubs, and send
Electronically System (FIRE System); however, you must
Copy B to each recipient. For filing with the IRS, follow
have software that can produce a file in the proper format
your usual procedures for filing electronically if you are
according to Pub. 1220. Pub. 1220 provides the
filing 100 or more of a form type. If you are filing any of
procedures for reporting electronically and is updated
these forms on paper due to a low volume of recipients,
annually. Pub. 1220 is available at IRS.gov. The FIRE
for these forms only, you may file a black-and-white
System does not provide a fill-in form option for
Copy A that you print from the IRS website with Form
information return reporting. The FIRE System operates
1096. See part G for paper document reporting. You must
24 hours a day, 7 days a week. You may access the FIRE
not use these online fillable forms if you are required to file
System online at FIRE.IRS.gov.
electronically.
Transmitters, paying agents, etc. A transmitter, Forms 1099-QA and 5498-QA can only be filed on
service bureau, paying agent, or disbursing agent ! paper.
(hereafter referred to as “agent”) may sign Form 1096 on CAUTION
behalf of any person required to file (hereafter referred to
Information Reporting Intake System (IRIS). Provision
as “payer”) if the conditions in (1) and (2) below are met.
2102 of the Taxpayer First Act requires IRS to develop an
1. The agent has the authority to sign the form under Internet portal by January 1, 2023, that allows taxpayers
an agency agreement (oral, written, or implied) that is to electronically file all Forms 1099. The portal is to be
valid under state law. modeled after a Social Security Administration (SSA)
2. The agent signs the form and adds the caption “For: system that allows employers to file Forms W-2 with SSA.
(Name of payer).” The IRS portal will provide taxpayers with IRS resources
and guidance, and allow them to prepare, file and
Signing of the form by an authorized agent on behalf of distribute Forms 1099, and create and maintain tax
the payer does not relieve the payer of the liability for records. For the latest updates, please visit IRS.gov.
penalties for not filing a correct, complete, and timely
Form 1096 and accompanying returns. Due dates. File Forms 1097, most Forms 1098, and
Forms 1097, 1098, 1099, 3921, 3922, 5498, W-2G, or most Forms 1099, 3921, 3922, or W-2G electronically by
acceptable substitute statements to recipients issued by a March 31, 2023. File Forms 5498, 5498-ESA, 5498-QA,
service bureau or agent should show the same payer's or 5498-SA by May 31, 2023. See part M about providing
name as shown on the information returns filed with the Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G or
IRS. statements to recipients.
For information about the election to report and deposit File Form 1099-NEC by January 31, 2023.
backup withholding under the agent's TIN and how to !
prepare forms if the election is made, see Rev. Proc. CAUTION
-8- Gen. Instr. for Certain Info. Returns (2022)How to request an extension of time to file. For Send the letter to:
information about requesting an extension of time to file,
Internal Revenue Service
see Extension of time to file, earlier, under part C.
Information Returns Branch
If you file electronically, do not file the same 230 Murall Drive, Mail Stop 4360
! returns on paper. Kearneysville, WV 25430
CAUTION
Who must file electronically. If you are required to file If a payer realizes duplicate reporting or a large
DRAFT AS OF
250 or more information returns during the year, you must ! percentage of incorrect information has been filed,
CAUTION contact the information reporting customer service
file electronically. The 250-or-more requirement applies
separately to each type of form. For example, if you must site at 866-455-7438 for further instructions.
file 500 Forms 1098 and 100 Forms 1099-A, you must file
How to get approval to file electronically. File Form
Forms 1098 electronically, but you are not required to file
4419 by November 1 of the year before your information
Forms 1099-A electronically.
December 16, 2021
return(s) is due to ensure you are ready to electronically
The electronic filing requirement does not apply if you file. Forms 4419 received after November 1 may not be
apply for and receive a hardship waiver. See How to processed in time to meet your electronic filing needs.
request a waiver from filing electronically, later. Allow 45 days for processing. See Form 4419 for more
If you are required to file 250 or more information information. Once you have received approval, you need
returns of any one type, you must file not reapply each year.
!
CAUTION electronically. The Taxpayer First Act of 2019,
How to request a waiver from filing electronically. To
enacted July 1, 2019, authorized the Department of the receive a waiver from the required filing of information
Treasury and the IRS to issue regulations that reduce the returns electronically, submit Form 8508 at least 45 days
250-return requirement for 2022 tax returns. If final before the due date of the returns for which you are
regulations are issued and if they are effective for 2022 requesting a waiver. You cannot apply for a waiver for
tax returns required to be filed in 2023, we will post an more than 1 tax year at a time. If you need a waiver for
article at IRS.gov explaining the change. Until regulations more than 1 tax year, you must reapply at the appropriate
are issued, however, the number remains at 250, as time each year.
reflected in this publication. If you are required to file
electronically but fail to do so, and you do not have an If a waiver for original returns is approved, any
approved waiver, you may be subject to a penalty. corrections for the same types of returns will be covered
under the waiver. However, if you submit original returns
The IRS encourages you to file electronically. electronically but you want to submit your corrections on
TIP paper, a waiver must be approved for the corrections if
you must file 250 or more corrections.
If you receive an approved waiver, do not send a copy
Filing requirement applies separately to originals of it to the IRS Submission Processing Center where you
and corrections. The electronic filing requirements file your paper returns. Keep the waiver for your records
apply separately to original returns and corrected returns. only.
Originals and corrections are not aggregated to determine
whether you are required to file electronically. For Penalty. If you are required to file electronically but fail to
example, if you file 400 Forms 1098 electronically and you do so, and you do not have an approved waiver, you may
are making 75 corrections, your corrections can be filed be subject to a penalty for failure to file electronically
on paper because the number of corrections for Form unless you establish reasonable cause. For most of the
1098 is less than the 250 filing requirement. However, if information returns discussed in these instructions, the
you are filing 250 or more Form 1098 corrections, they maximum penalty is $290 per return. However, you can
have to be filed electronically. file up to 249 returns on paper; those returns will not be
subject to a penalty for failure to file electronically. See
How to report incorrect payer name and/or TIN. If a part O.
payer discovers an error in reporting the payer (not
recipient) name and/or TIN, write a letter containing the The penalty applies separately to original returns and
following information. corrected returns. See Filing requirement applies
separately to originals and corrections, earlier.
1. Name and address of the payer.
2. Type of error (including the incorrect payer
name/TIN that was reported).
G. Paper Document Reporting
If you are required to file 250 or more information returns,
3. Tax year.
see part F.
4. Payer TIN.
Follow these guidelines.
5. Transmitter Control Code (TCC).
1. Although handwritten forms are acceptable, they
6. Type of return. must be completely legible and accurate to avoid
7. Number of payees. processing errors. Handwritten forms often result in
8. Filing method (paper or electronic). name/TIN mismatches. Use block print, not script
9. Was federal income tax withheld? characters. If you have a small number of forms, consider
contacting an IRS business partner who may be able to
Gen. Instr. for Certain Info. Returns (2022) -9-prepare them with little or no cost to you. See (5) below for removed before submission, without tearing or ripping the
details. Type entries using black ink in 12-point Courier form. Substitute forms prepared in continuous or strip
font. Copy A is read by machine and must be typed clearly form must be burst and stripped to conform to the size
using no corrections in the data entry fields. Data must be specified for a single sheet (81/2 x 11 inches) before they
printed in the middle of the blocks, well separated from are filed with the IRS.
other printing and guidelines. Entries completed by hand, 6. Do not change the title of any box on any form. Do
or using script, italic, or proportional spaced fonts, or in not use a form to report information that is not properly
colors other than black, cannot be read correctly by reportable on that form. If you are unsure of where to
DRAFT AS OF
machine. Make all dollar entries without the dollar sign, report the data, call the information reporting customer
but include the decimal point (for example, 00000.00). service site at 866-455-7438 (toll free).
Show the cents portion of the money amounts. If a box
7. Report information only in the appropriate boxes
does not apply, leave it blank.
provided on the forms. Make only one entry in each box
2. Do not enter 0 (zero) or “None” in money amount unless otherwise indicated in the form's specific
boxes when no entry is required. Leave the boxes blank
December 16, 2021
instructions.
unless the instructions specifically require that you enter a
8. Do not submit any copy other than Copy A to the
0 (zero). For example, in some cases, you must enter 0
IRS.
(zero) to make corrections. See part H.
9. Do not use prior year forms unless you are reporting
3. Do not enter number signs (#)—RT 2, not Rt. #2.
prior year information. Do not use subsequent year forms
4. Send the entire page of Copy A of your information for the current year. Because forms are scanned, you
returns with Form 1096 to the IRS even if some of the must use the current year form to report current year
forms are blank or void. Do not use staples on any forms. information.
5. To locate an IRS business partner who may be able 10. Use the official forms or substitute forms that meet
to offer low-cost or even free filing of certain forms, enter the specifications in Pub. 1179. If you submit substitute
“e-file for Business Partners” in the search box on forms that do not meet the current specifications and that
IRS.gov. are not scannable, you may be subject to a penalty for
each return for improper format. See part O.
Multiple filings. If, after you file Forms 1097, 1098,
1099, 3921, 3922, 5498, or W-2G, you discover additional 11. Do not use dollar signs ($) (they are preprinted on
forms that are required to be filed, file these forms with a the forms), ampersands (&), asterisks (*), commas (,), or
new Form 1096. Do not include copies or information from other special characters in money amount boxes.
previously filed returns. 12. Do not use apostrophes (‘), asterisks (*), or other
special characters on the payee name line.
Required format. Because paper forms are scanned, all
Forms 1096 and Copies A of Forms 1097, 1098, 1099, Common errors. Be sure to check your returns to
3921, 3922, and 5498 must be prepared in accordance prevent the following common errors.
with the following instructions. If these instructions are not
followed, you may be subject to a penalty for each 1. Duplicate filing. Do not send the same information
incorrectly filed document. See part O. to the IRS more than once. Also see Multiple filings,
earlier.
1. Do not cut or separate Copies A of the forms that
are printed two or three to a sheet (except Form W-2G). 2. Filer's name, address, and TIN are not the same on
Generally, Forms 1097, 1098, 1099, 3921, 3922, and Form 1096 and the attached Forms 1097, 1098, 1099,
5498 are printed two or three to an 81/2 x 11 inch sheet. 3921, 3922, 5498, or W-2G.
Form 1096 is printed one to an 81/2 x 11 inch sheet. These 3. Decimal point to show dollars and cents omitted.
forms must be submitted to the IRS on the 81/2 x 11 inch For example, 1230.00 is correct, not 1230.
sheet. If at least one form on the page is correctly 4. Two or more types of returns submitted with one
completed, you must submit the entire page. Forms W-2G Form 1096 (for example, Forms 1099-INT and 1099-MISC
may be separated and submitted as single forms. Send with one Form 1096). You must submit a separate Form
the forms to the IRS in a flat mailer (not folded). 1096 with each type of return.
2. Forms 1098, 1098-MA, 1099-A, 1099-C,
1099-CAP, 1099-G, 1099-H, 1099-INT,1099-K,
1099-LTC, 1099-QA, 1099-S, 1099-SA, 5498-ESA,
H. Corrected Returns on Paper Forms
5498-QA, and 5498-SA that you print from IRS.gov will To file corrections for electronically filed forms,
print 1-to-a-page on 81/2 x 11 inch paper. Do not cut off ! see part F and Pub. 1220.
the excess paper, unless you are using a pinfeed printer. CAUTION
If so, remove the pinfeed strip. If you filed a return with the IRS and later discover you
3. No photocopies of any forms are acceptable. See made an error on it, you must:
How To Get Forms, Publications, and Other Assistance, • Correct it as soon as possible and file Copy A and Form
later. 1096 with your IRS Submission Processing Center (see
4. Do not staple, tear, or tape any of these forms. It will part D), and
interfere with the IRS's ability to scan the documents. • Furnish statements to recipients showing the
correction.
5. Pinfeed holes on the form are not acceptable.
Pinfeed strips outside the 81/2 x 11 inch area must be
-10- Gen. Instr. for Certain Info. Returns (2022)When making a correction, complete all information you want to void it before submission to the IRS, enter an
(see Filing corrected returns on paper forms, later). “X” in the “VOID” box at the top of the form. For example, if
• Do not cut or separate forms that are two or three to a you make an error while typing or printing a form, you
page. Submit the entire page even if only one of the forms should void it. The return will then be disregarded during
on the page is completed. processing by the IRS. Go to the next form on the page, or
• Do not staple the forms to Form 1096. to another page, and enter the correct information; but do
• Do not send corrected returns to the IRS if you are not mark the “CORRECTED” box. Do not cut or separate
correcting state or local information only. Contact the state the forms that are two or three to a page. Submit the entire
DRAFT AS OF
or local tax department for help with this type of page even if only one of the forms on the page is a good
correction. return.
To correct payer information, see Reporting incorrect
payer name and/or TIN, earlier.
Form 1096. Use a separate Form 1096 for each type of
December 16, 2021
return you are correcting. For the same type of return, you
may use one Form 1096 for both originals and
corrections. You do not need to correct a previously filed
Form 1096.
CORRECTED checkbox. Enter an “X” in the
“CORRECTED” checkbox only when correcting a form
previously filed with the IRS or furnished to the recipient.
Certain errors require two returns to make the correction.
See Filing corrected returns on paper forms, later, to
determine when to mark the “CORRECTED” checkbox.
Account number. If the account number was provided
on the original return, the same account number must be
included on both the original and corrected returns to
properly identify and process the correction. If the account
number was not provided on the original return, do not
include it on the corrected return. See part L.
Recipient's statement. You may enter a date next to the
“CORRECTED” checkbox. This will help the recipient in
the case of multiple corrections.
Filing corrected returns on paper forms. The Error
Charts for Filing Corrected Returns on Paper Forms, later,
give step-by-step instructions for filing corrected returns
for the most frequently made errors. They are grouped
under Error Type 1 or 2. Correction of errors may require
the submission of more than one return. Be sure to read
and follow the steps given.
If you fail to file correct information returns or
! furnish a correct payee statement, you may be
CAUTION subject to a penalty. See part O. Regulations
section 301.6724-1 (relating to information return
penalties) does not require you to file corrected returns for
missing or incorrect TINs if you meet the
reasonable-cause criteria. You are merely required to
include the correct TIN on the next original return you are
required to file.
However, even if you meet the reasonable-cause criteria,
the IRS encourages you to file corrections for incorrect or
missing TINs so that the IRS can update the payees'
records.
I. Void Returns
An “X” in the “VOID” box at the top of the form will not
correct a previously filed return. See part H for instructions
for making corrections.
VOID box. If a completed or partially completed Form
1097, 1098, 1099, 3921, 3922, or 5498 is incorrect and
Gen. Instr. for Certain Info. Returns (2022) -11-You can also read
