Featured:
Allergies
Grilling Guide
eHow Now Blog

What Is a 1096 Form?

What Is a 1096 Form? thumbnail
What Is a 1096 Form?

A 1096 form acts much like a summary cover page for 1099 forms, according to the website W9Form. This IRS form makes accounting for contractor work or miscellaneous payments easier than sifting through thousands of individual 1099s.

  1. Features

    • A 1096 requires the filing company to identify their name, the total amount of payments on all 1099 forms -- including 1099-MISC for contract work and 1099-DIV for dividend payments -- and any withheld taxes.

    Time Frame

    • Usually, the IRS requires any company that issues 1099 forms to submit their 1096 to the IRS by January 31st, but you should check with the IRS each year as this date is subject to change, according to Intuit.

    Tip

    • Intuit Small Business suggests using accounting software that automatically updates 1099 forms for you to verify and keep track of your 1096.

Related Searches:

References

Resources

  • Photo Credit Comstock/Comstock/Getty Images

Comments

You May Also Like

  • How to Prepare a 1096

    When your trade or business has issued a 1099-MISC or any 1098, 1099, 5498 or W2-G to anyone, you have to send...

  • How to File a Form 1096

    IRS Form 1096, Annual Summary and Transmittal of U.S. Information Returns, is filed with Forms 1099, 1098, 3921, 3922, 5496 and W4-G....

  • What Is IRS Form 1096?

    Although non-profit organizations do not have to pay income taxes, they do have to send forms to the IRS for informational purposes....

  • What Is Tax Form 1096?

    If you must submit information forms -- forms such as the 1099-MISC that lists income you provided to non-employees -- you must...

  • Instructions for Form 1096

    When you submit your own personal tax returns, the number of documents involved is fairly limited. Many employers and other businesses, however,...

  • 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....

  • How to Correct a 1096 Form

    The Internal Revenue Service requires anyone that issues 1099, 1098, 3921, 3922, 1097, 5498, 8935 or W2G forms to employees or laborers,...

  • How to Print Form 1096

    The Internal Revenue Service (IRS) works diligently to simplify seemingly daunting tasks. For example, it continually updates its website, making it as...

  • What Is IRS Form 1120-A?

    IRS Form 1120A was the short version of Form 1120, the tax return for corporations. The federal form has been discontinued, but...

Related Ads

thumbnail
Featured