After the deadline, but within 30 days
$60 per form
After 31 days - August 1st
$120 per form
After August 1st, or not at all
$310 per form
Intentionally not filing
$630 per form
1099 Forms › Submission Date for Form 1099-DIV in 2024
Common 1099-DIV Deadline Questions
Submit Form 1099-DIV to report dividends and distributions. Form 1099-DIV must be filed before the official IRS deadlines to avoid potential fines and penalties.
About Form 1099-DIV
Form 1099-DIV is a tax form banks and other financial institutions use to report dividends and other distributions. It must be issued when an individual:
- Has received dividends of $10 or more from any investment
- Has received capital gains distributions, regardless of the amount
- Has paid foreign tax
- Has had federal income tax withheld from dividends
- Has received $600 or more as part of a liquidation
What is the Penalty for Missing Form 1099 Deadline?
Failing to file Form 1099 by the deadline or meeting the deadline but providing incorrect recipient information can result in IRS penalties ranging from $60 to $630, depending on how late the form is submitted. The IRS has increased the penalty amounts for the 2024 filing year.
1099 penalties may be subject to the following:
- Furnishing incorrect information on a return
- Failure to provide the required information
- Late filing of returns
- Paper filing when required to file electronically (E-file 1099 if you have 10 or more information returns)
The IRS is accustomed to changing rules year-to-year, sometimes even in the middle of the current tax season! This is why having the most accurate information about the IRS requirements and deadlines for filing any Form 1099 is essential. Use reliable tax software to e-file your forms and stay updated on any changes in regulations or deadlines.
What are the 1099 Deadlines for 2024?
-
January 31st, 2024
Recipient Copies
Form 1099s must be distributed to the recipient on or before January 31st
-
February 28th, 2024
-
April 1st, 2024
E-File
Form 1099s must be e-filed directly to the IRS on or before April 1st
Visit our deadlines article to learn more about Form 1099 due dates.
Note: If the filing deadline lands on a Saturday, Sunday, or legal holiday, the due date will automatically be extended to the following business day.
The exception to these deadlines above is for filing Form 1099-NEC. Depending on the filing method, there is a month's advancement on the recipient and IRS copies being January 31st. Get started with BoomTax and file your 1099 with the IRS, state, and mail recipient copies on time. Get Started Now
If you find errors after filing your 1099 return with the IRS, promptly correct the information and submit the corrected Form 1099 and Form 1096 to the IRS. Also, provide your recipient with an updated 1099 showing the updated details. If you need to correct any state or local tax department information, file the form with the appropriate agencies, not the IRS.
All Features Included
Purchasing any BoomTax package will give you everything you need to complete your filing.
This includes:
- Federal E-File
- State E-File
- Recipient Copy Download as PDF
- Official IRS Copy Download as PDF
- Unlimited Corrections
1099-DIV Bulk Import
Import many companies in one spreadsheet to simplify data input.
Data Validation
We validate your data against hundreds of IRS rules.
Hands Off E-File
No IRS registration or testing required.
Free Corrections
Make as many changes as needed for free.
What are the different Form 1099 Copies?
Each Form 1099 has five different copies with their specific purpose:
Copy A
IRS copy for paper filing.
Copy 1
Filed with the State Tax Department.
Copy B
Recipient copy.
Copy 2
Recipient state copy used for state income tax reporting.
Copy C
Payer's copy for their records.
Get started with BoomTax, and file your 1099 tax forms with federal/state and mail recipient copies from one place. BoomTax will never remove past years' filings, and you can continue to make corrections at any time, no matter the year. File my 1099 directly to the IRS Now!
Methods of Filing 1099-DIV With the IRS
Where to mail the physical 1099 Form?
Location of the principal business, office, agency, or residence of an individual
| Alabama | Arizona | Arkansas | Delaware |
| Florida | Georgia | Kentucky | Maine |
| Massachusetts | Mississippi | New Hampshire | New Jersey |
| New Mexico | New York | North Carolina | Ohio |
| Texas | Vermont | Virginia |
Internal Revenue Service Austin Submission Processing Center
P.O. Box 149213
Austin, TX 73301
P.O. Box 149213
Austin, TX 73301
| Alaska | Colorado | Hawaii | Idaho | Illinois | Indiana |
| Iowa | Kansas | Michigan | Minnesota | Missouri | Montana |
| Nebraska | Nevada | North Dakota | Oklahoma | Oregon | South Carolina |
| South Dakota | Tennessee | Utah | Washington | Wisconsin | Wyoming |
Department of the Treasury, Internal Revenue Service Center
P.O. Box 219256
Kansas City, MO 64121-9256
P.O. Box 219256
Kansas City, MO 64121-9256
| California | Connecticut | District of Columbia | Louisiana |
| Maryland | Pennsylvania | Rhode Island | West Virginia |
Department of the Treasury Internal Revenue Service Center
1973 North Rulon White Blvd.
Ogden, UT 84201
1973 North Rulon White Blvd.
Ogden, UT 84201
If your legal residence, principal place of business, or principal office or agency is outside the United States.
Internal Revenue Service Austin Submission Processing Center
P.O. Box 149213
Austin, TX 73301
P.O. Box 149213
Austin, TX 73301
Important Notes:
- The IRS encourages filers to electronically file 1099 for prompt processing and immediate IRS confirmation. Make the Switch to E-filing Today!
- If you file 1099 Forms on paper, they must be submitted with a summary Form 1096.
- For filing year 2024 the IRS has reduced the e-file threshold limit to 10 forms
Utilizing an e-file provider allows you to effortlessly E-file 1099 Forms with the IRS and state agencies and distribute recipient copies via mail or secure online access. Affordable, competitive pricing is available without the hidden costs and inefficiency of paper filing. Check out the pricing options.
E-filing vs. Paper Filing
- Immediate real-time IRS updates
- File 1000s of forms easily at once
- Validates 1000s of IRS rules
- Can help with questions in real-time in chat
Paper Filing
- It can take weeks to hear a status update
- Requires unique red ink form
- Prone to human error
- No expert to help with questions
Note: IRS recommends that payers utilize the e-file option over paper filing for faster processing.
How to E-file Form 1099-DIV With BoomTax
E-filing Form 1099-DIV is straightforward and quick with BoomTax! Once you have compiled all the required data to fill out Form 1099-DIV, you can complete the filing process in no time by following these three simple steps.
Import Your Form 1099-DIV Data
You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.
Step-By-Step Wizard
We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.
E-File & Mail Employee Copies
Once your data is loaded, you can e-file and distribute employee copies in minutes.
BoomTax ensures a safe and accurate filing of Form 1099-DIV with the IRS and the State. We also provide solutions for distributing your recipient copies.
Takes Only 30 Seconds
BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.
