IRS Form 1099-S, Proceeds From Real Estate Transactions, is a simple form filed to report the sale or exchange of real estate. You are required to report a transaction that consists in whole or in part of the sale or exchange for money, indebtedness, property, or services of any present or future ownership interest in real estate. If a Uniform Settlement Statement, prescribed under the Real Estate Settlement Procedures Act (RESPA) of 1974, is used, the settlement agent must file Form 1099-S.

Import

Type information on the screen as it would be typed on the form itself.  Or import the data from Excel, csv file format or some type of spreadsheet. Its easy to do.

File by paper or electronically

1099-S Software lets you file by paper or electronically to the IRS.

Copy B and C can be printed on plain paper with black ink.  Print your data right on the red-ink Form 1096 and Copy A. You can adjust the left and top margins so that the data prints perfectly on top of the red-ink forms every time.

Our software creates files in the format required by the IRS for electronic transmission. The system is updated each year to reflect the format changes that are made by the IRS. File current or prior year original, replacement or corrections.

Print and efile unlimited 1099-S forms.

Service Bureau

You do not need to purchase a license of the software for this option.

We will import, convert and e-mail to you Copy B in PDF format and convert customer supplied file to an IRS e-file ready format.  Support is provided to guide you through the process of uploading the file to the IRS. If the submission is not approved, we will assist in submitting a replacement file. 

We will not audit or make any other verification on the data you submit, although it may be necessary to ask you for clarification of some of the information.

Our eFile ready service starts at $399 for up to 10,000 information returns.  Call our sales office at (480) 706-6474.

Other Features

Data entered may be stored/saved anywhere on your hard drive or to external diskettes for quick retrieval.

All of our software functions on any Windows operating system. The software has been tested on Windows 95, 98, 2000, NT, ME (millennium edition), XP, 2003 and Windows Vista. The software functions on networks or stand-alone personal computers and is compatible with all printers.

Related:

* How can I order the red-ink forms for free?