FORM 1099

[TAXMAN]

Does form 1099 nec and form 1099 miscl copy A have to be filed on red paper? I know the 1096 has to be.

[Lee B]

It is supposed to, however for years I just printed and mailed black & white laser printed copies with no problems.

Now I efile thru a third party.

 

[mcb39]

I mail black/white laser printed copies and/or efile as well.

[Medlin Software, Dennis]

1 hour ago, TAXMAN said:

Does form 1099 nec and form 1099 miscl copy A have to be filed on red paper? I know the 1096 has to be.

YES.  There are many who say/claim/have proof the IRS accepts self printed copy A, the "specifications" do not permit it, and thus, the IRS can elect to charge a fairly hefty fine per form (not page, but for each item reported).

This is different than the SSA, which embraced self printed Copy A forms starting with TY 2021.

If the PR is correct, and the IRS does come up with an easier/free efile for 1099's, I suspect I (in my software) will not even try to fill in the red dropout ink 1099 forms any longer, even though it appears the IRS has settled on non year specific forms...