BanditAI
The Deadline to E-file Form (formType) is March 31, 2025.E-File Now
E-File Form 1099-B Online
A simple solution for brokers or barter exchanges to file 1099-B with the IRS and distribute recipient copies.
The Bandit Commitment
Ensuring peace of mind for every
1099-B you file.
Filing a 1099-B isn’t just about submission! It’s about getting the data right, validating it thoroughly, and owning the right outcome.
The Bandit Commitment defines how TaxBandits approaches compliance: preventing errors before filing, supporting corrections & resubmissions when needed, and standing accountable through acceptance and beyond.
Getting the right data in
Compliance starts with clean, validated data—long before your 1099-B
is transmitted.
Guided, end-to-end compliance
Federal filing, state compliance, and form distribution—handled together with complete guidance.
No-cost corrections & retransmissions
Corrections & retransmissions for your 1099-B are included with your
filing fee.
Money-back guarantee
If a 1099-B cannot be accepted or is a duplicate, the filing fee can be refunded.
Benefits of using TaxBandits to E-file 1099-B
Check out the many robust features that make TaxBandits your perfect solution for filing 1099-B online
How to E-file 1099-B
Exclusive Pro Features Designed for Tax Professionals
Enhance your tax filing process and optimize workflows with powerful, tailored tools designed for tax professionals.
Bulk Filing Made Easy
Easily manage filings for a few or thousands of clients. Import data via our bulk upload templates, accounting software integrations and API integration to file effortlessly.
Client Management
Effortlessly manage all your clients in one place. Keep track of clients and their filings, streamline your workflow with an intuitive, easy-to-use interface.
Secure, Branded Client Portal
Get a client portal that reflects your brand while ensuring top-tier security where your clients can upload documents, view forms, and stay informed about the filing progress.
Team Management
Add unlimited team members to streamline workflow and collaboration. Assign roles like preparer, approver, and transmitter based on filing responsibilities.
Flexible Payment Options
Get the benefit of volume-based pricing discounts based on the number of forms you file. The more forms you file, the more discounts you get. And, choose from BanditCash, prepaid credits, that best fit your needs.
Custom Reports
Access detailed reports to gain insights into team performance and client filings. Leverage in-depth analytics to make informed decisions and enhance productivity.
For high-volume filing, call us at (704) 684-4758 for customized pricing!
Seamless 1099-B Filing at Scale, Built for Enterprises
Manage high-volume 1099-B filing with customizable workflows, approval controls, and enterprise-grade support.
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Seamless data ingestion at scale
Bring in data through integrations, APIs, bulk uploads, or custom templates—designed to fit your existing systems.
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Custom requirements, fully supported
Tailor our system to accommodate complex, enterprise-specific compliance needs and operational requirements (such as SSO setup).
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Personalized branding options
Customize recipient portals and email communications to align seamlessly with your brand identity.
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Streamlined workflow management
Invite teams, assign precise roles, and delegate filing responsibilities with clear ownership and approval controls.
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Enterprise-grade security and support
Benefit from robust security controls, priority assistance, and a dedicated account manager who understands your needs.
Ready to get started with TaxBandits?
Information Required to File Form 1099-B Electronically
Discover the essential information required for filing Form 1099-B electronically.
Payer Information
Name, TIN, and Address
Recipient Information
Name, TIN, Address, and Account Number
Transaction Information:
- Description of Property
- Date of acquisition and sale or exchange
- Proceeds, Cost or Other Basis
- Accrued market discount
- Short-term or long-term gain or loss
- Wash sale loss disallowed
- Proceeds from collectibles or QOF(Qualified Opportunity Funds)
- Realized or Unrealized Profits and Losses
Federal Income Tax Withheld (if any)
Bartering Information (if applicable)
State Filing Information
State Abbreviation, payer’s state identification number, and state income tax withheld. Learn More
Start filing your 1099-B tax returns with TaxBandits.
How to E-file Form 1099-B Online with TaxBandits?
TaxBandits offers you flexible options to complete 1099-B filing. Simply choose your preferred data import method and file with ease.
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Step 1: Enter Form Data
Fill out your 1099-B form by entering the required information in the respective fields.
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Step 2: Complete State Information
Provide state-specific information on Form 1099-B. Complete the Reconciliation Form if required.
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Step 3: Choose Distribution Options
Choose how to deliver recipient copies: Postal Mail, Online Access,
or Both. -
Step 4: Review and Transmit to the IRS
Review the form summary and transmit it to the IRS and state agencies.
We'll send you email updates regarding the status of your forms. You can also track the status directly from your Dashboard.
Ready to E-file Form 1099-B with the IRS and States?
How to E-file 1099-B
Our Customer Reviews
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Brenda K
Hi! I really like TaxBandits. I love the convenience and it generally runs very smoothly for me.
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I could produce these 1099-B forms without having to go out and buy the forms.
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Donna G
Easy to use even for someone who is terrified of dealing with taxes
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Jesus A
Your software is very fast and accurate. Congratulations and keep the excellent work.
Frequently Asked Questions to File 1099-B Online
What is Form 1099-B?
Form 1099-B reports proceeds from broker and barter exchange transactions throughout the tax year. It must be filed with the IRS, and recipient copies must be distributed to each person who made a sale or exchange through a broker.
Want to know how to complete Form 1099-B? Here are the step-by-step
instructions for Form 1099-B.
Who must file Form 1099-B?
As a broker or barter exchange, you are responsible for filing Form 1099-B for each person who has conducted specific financial transactions through your services. You must file this form for any individual:
- For whom you’ve sold stocks, commodities, regulated futures contracts, foreign currency contracts, options, or other securities for cash, including short sales.
- Who received cash, stock, or other property from a company that was taken over by another company (acquisition of control) or went through a big change in its structure (like a merger or reorganization) need to report this. You must file this information with the IRS using Form 1099-B if you know, or have a reason to believe, that the company had one of these significant changes. These changes are also reported on Form 8806, which tracks such
corporate events. - Who has exchanged property or services through your barter exchange.
When is the deadline to file Form 1099-B?
- The due date to file Form 1099-B electronically is
March 31, 2026. - If you file the 1099-B Form on paper, the due date is
March 2, 2026. - The due date to distribute the recipient copy is
February 17, 2026.
Visit 1099-B Deadline to know more about 1099-B due dates in detail
Is It Required To File Form 1099-B With The State?
Depends on your state requirements, sometimes you need to file the 1099 B Tax Form with the state department as well. If your state is a part of the Combined Federal/State Filing program, the IRS will forward your returns directly to your state free of charge. Check Your State Filing Requirements.
How to Correct Errors on Form 1099-B?
If your IRS Form 1099-B is rejected or you notice an error on an already filed 1099-B Form, you'll need to correct it as soon as possible. Corrections can be made electronically or on paper. If the error is part of the transferor's data, a corrected copy of Form 1099-B will need to be sent to them as well.
Learn More to know about Form 1099-B correction.
What are the penalties for not filing Form 1099-B?
If you fail to file and furnish Form 1099-B within the specified deadlines, the IRS will impose penalties ranging between
$60 and $680, depending on your business size and the delayed period.
Click here to learn about 1099-B Penalties.
How to Get an Extension on IRS Form 1099 B?
Need more time to prepare your 1099-B return? Get an automatic 30-day extension of time to file your 1099-B Form by filing tax extension Form 8809. It takes just a few minutes to file.
Learn More about Form 1099 Extensions.
Helpful Resources for Filing 1099-B Online
What is Form 1099-B?
Form 1099-B Instructions
Form 1099 Correction
Success Starts with TaxBandits
An IRS Authorized E-file provider you can trust
