Facts on 1096 Forms
A 1096 Form is a tax form provided by the Internal Revenue Service. The IRS oversees income taxes for the United States. The form is generally something a business owner would need to fill out at the end of the tax year. Form 1096 is known as the Annual Summary and Transmittal of U.S. Information Returns.
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Significance
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A 1096 Form is used to summarize other forms you have issued that are being sent to the IRS, like 1099, 1098, 5498 and W-2G.
Time Frame
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Form 1096 should be filed by March 2nd if it is accompanying Forms 1099, 1098 or W-2G, or by June 1st if it is accompanying Forms 5498, 5498-ESA or 5498-SA.
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Identification
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Copy A, the top piece of Form 1096, that is filed with the IRS is bright red. All other text is black.
Misconceptions
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You cannot file just one Form 1096. If you're filing two types of forms, then you must file a Form 1096 with each type.
ConsiderationsWarning
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In 24 states, you must send Form 1096 to: Department of the Treasury; Internal Revenue Service Center; Austin, TX 73301. You must also send your form to Texas if your primary residence or business are outside the US. In the other 27 states, you must send Form 1096 to: Department of the Treasury; Internal Revenue Service Center; Kansas City, MO 64999.
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