General Instructions For Certain Information Returns (Forms 1096, 1097, 1098, 1099, 3921, 3922, 5498, And W-2g) - 2017 Page 2
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28Instructions for Form 1099-K.
notices. E-services technical support is available by
Instructions for Form 1099-LTC.
calling 1-866-255-0654.
Instructions for Form 1099-MISC.
A. Who Must File
Instructions for Form 1099-PATR.
Instructions for Form 1099-Q.
See the separate specific instructions for each form.
Instructions for Forms 1099-QA and 5498-QA.
Instructions for Forms 1099-R and 5498.
Nominee/middleman returns. Generally, if you receive
Instructions for Form 1099-S.
a Form 1099 for amounts that actually belong to another
Instructions for Forms 1099-SA and 5498-SA.
person, you are considered a nominee recipient. You
Instructions for Forms 3921 and 3922.
must file a Form 1099 with the IRS (the same type of Form
Instructions for Form 5498-ESA.
1099 you received) for each of the other owners showing
Instructions for Forms W-2G and 5754.
the amounts allocable to each. You must also furnish a
Form 1099 to each of the other owners. File the new Form
You can also obtain the latest developments for each of
1099 with Form 1096 with the Internal Revenue Service
the forms and instructions listed here by visiting their
Center for your area. On each new Form 1099, list
information pages at IRS.gov. See the separate
yourself as the “payer” and the other owner as the
instructions for each form on the webpage via the link.
“recipient.” On Form 1096, list yourself as the “Filer.” A
spouse is not required to file a nominee return to show
See
How To Get Forms, Publications, and Other
amounts owned by the other spouse. The nominee, not
Assistance, later.
the original payer, is responsible for filing the subsequent
Forms 1099 to show the amount allocable to each owner.
Guide to Information Returns
See the chart, later, for a brief summary of information
Successor/predecessor reporting. A successor
return reporting rules.
business (a corporation, partnership, or sole
proprietorship) and a predecessor business (a
Use Form 1096 To Send Paper Forms to the IRS
corporation, partnership, or sole proprietorship) may
You must send Copies A of all paper Forms 1097, 1098,
agree that the successor will assume all or some of the
1099, 3921, 3922, 5498, and W-2G to the IRS with Form
predecessor's information reporting responsibilities. This
1096, Annual Summary and Transmittal of U.S.
would permit the successor to file one Form 1097, 1098,
1099, 3921, 3922, 5498, or W-2G for each recipient
Information Returns. Instructions for completing Form
combining the predecessor's and successor's reportable
1096 are contained on Form 1096. Also see part E.
amounts, including any withholding. If they so agree and
Reporting Backup Withholding on Forms 1099
the successor satisfies the predecessor's obligations and
and W-2G
the conditions described on this page, the predecessor
does not have to file the specified information returns for
If you backup withhold on a payment, you must file the
the acquisition year. If the successor and predecessor do
appropriate Form 1099 or Form W-2G with the IRS and
not agree, or if the requirements described are not met,
furnish a statement to the recipient to report the amount of
the predecessor and the successor each must file Forms
the payment and the amount withheld. This applies even
1097, 1098, 1099, 3921, 3922, 5498, and W-2G for their
though the amount of the payment may be below the
own reportable amounts as they usually would. For more
normal threshold for filing Form 1099 or Form W-2G. For
information and the rules that apply to filing combined
how to report backup withholding, see part N.
Forms 1042-S, see Rev. Proc. 99-50, which is available
Substitute Statements to Recipients
on page 757 of Internal Revenue Bulletin 1999-52 at
If you are using a substitute form to furnish information
The combined reporting procedure is available when all
statements to recipients (generally Copy B), be sure your
the following conditions are met.
substitute statements comply with the rules in Pub. 1179.
Pub. 1179, which is revised annually, explains the
1. The successor acquires from the predecessor
requirements for format and content of substitute
substantially all the property (a) used in the trade or
statements to recipients. See part M for additional
business of the predecessor, including when one or more
information.
corporations are absorbed by another corporation under a
merger agreement, or (b) used in a separate unit of a
Taxpayer Identification Number (TIN) Matching
trade or business of the predecessor.
TIN Matching allows a payer or authorized agent who is
2. The predecessor is required to report amounts,
required to file Forms 1099-B, DIV, INT, K, MISC, OID,
including any withholding, on information returns for the
and/or PATR, which report income subject to backup
year of acquisition for the period before the acquisition.
withholding, to match TIN and name combinations with
3. The predecessor is not required to report amounts,
IRS records before submitting the forms to the IRS. TIN
including withholding, on information returns for the year
Matching is one of the e-services products that is offered
of acquisition for the period after the acquisition.
and is accessible through the IRS website. For program
guidelines, see Pub. 2108-A, or go to IRS.gov and enter
Combined reporting agreement. The predecessor
keyword “TIN matching” in the upper right corner. It is
and the successor must agree on the specific forms to
anticipated that payers who validate the TIN and name
which the combined reporting procedure applies and that
combinations before filing information returns will receive
the successor assumes the predecessor's entire
fewer backup withholding (CP2100) notices and penalty
-2-
Gen. Instr. for Certain Info. Returns (2017)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial