He said that a higher priority project was the FIRE (Filing Information Returns Electronically) project, which will permit the filing of all Forms 1098
and 1099 in the Martinsburg, West Virginia Service Center.
If you file Forms 1098
or 1099 electronically (not by magnetic media), your due date for filing them with the IRS will be extended to March 31.
Forms 1098, 1099-Series, 5498, and W2-G are free for those who have already filed their 1065, or 1041 returns at www.
Form Series IRS Copy Recipient Copy Form 1065 and all Partnership returns April 15, 2002 April 15, 2002 Forms 1098, 1099, and W-2G April 1, 2002 January 31, 2002 Forms 5498 and 5498-MSA May 31, 2002 May 31, 2002 Form 1041 April 15, 2002 April 15, 2002
As an offshoot of the e-filing process, two government officials recently discussed the prospects for a central "data warehouse" to store taxpayer information from IRS forms (such as the Forms 1098
, 1099, and W-2) in a single repository that could be shared with other government agencies.
The Job Creation and Worker Assistance Act of 2002 (the Act) created some new electronic-filing rules affecting Forms 1098, Mortgage Interest Statement, and 1099.
Act Section 401 allows payors to furnish most Forms 1098 and 1099 electronically, rather than on paper, effective for 2002 forms to be provided in January 2003.
or 1099-INT) or specific reporting entities (i.
91-33 sets forth the specifications for filing Forms 1098
, 1099, 5498, and W-2G electronically or on magnetic media.