BanditAI
The Bandit Commitment
Ensuring peace of mind for every
1099-S you file.
Filing a 1099-S 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-S
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-S are included with your
filing fee.
Money-back guarantee
If a 1099-S cannot be accepted or is a duplicate, the filing fee can be refunded.
Effortless 1099-S Filing Starts Here!
Discover why TaxBandits is the top choice for filing your Form 1099-S online.
How to E-file 1099-S
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-S Filing at Scale, Built for Enterprises
Manage high-volume 1099-S 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 E-file Form 1099-S Online
Filer Details
Name, address, and TIN
Transferor Details
Name, address, TIN, account number
Property Details:
- Closing date
- Gross proceeds
- Address (including city, state, and ZIP code) or legal description
- Real estate tax
Follow our instructions to learn how to fill out Form 1099-S. Start e-filing with TaxBandits today.
How to E-file Form 1099-S Online with TaxBandits
TaxBandits offers you flexible options to complete 1099-S filing. Simply choose your preferred data import method and file with ease.
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Step 1: Enter Form Information
Fill out your 1099-S form by entering the required information in the respective fields.
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Step 2: Enter Form 1099-S Information
Enter the required Form 1099-S information either manually or by bulk upload option.
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Step 3: Choose Distribution Options
Choose how to deliver recipient copies: Postal Mail, Online Access, or Postal Mail+Online Access.
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Step 4: Review and Transmit
Review the 1099-S form summary and transmit it to the IRS.
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-S with the IRS?
How to E-file 1099-S
Our Customer Reviews
L
Luis Collazo
Excellent Step by Step process and easy to go back and make edits....
J
Jay Polonsky
Very easy navigation going forward and backwards. I usually have trouble online with confusing instructions. Yours is very easy.
A
Allen Cohen
Easy and reasonably priced. Great customer service!
I
Igor Mandryka
I’m quite impressed, especially in comparison with other sites from the IRS list I reviewed as well. Well done. Thank you.
Get the Industry's Best Pricing for Quick and Accurate 1099-S Filing
Pricing per form based on volume
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Federal and State Filing
Pricing per form based on volume |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
No. of Forms |
1-10 |
11-100 |
101-250 |
251-500 |
501-2000 |
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Federal Filing |
$2.75 |
$1.75 |
$1.15 |
$1.00 |
$0.80 |
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State Filing (CF/SF) |
Free |
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Direct State Filing |
$0.95 / form When filed along with federal form |
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| Add-Ons |
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| Data Validations | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
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USPS Address Validation |
FREE |
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TIN Matching |
$0.35 / TIN |
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| Recipient Copy Distribution | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
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Online Access |
$0.50 / recipient |
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Postal Mailing |
$1.85 / form |
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Postal (International) |
$4.99 / form |
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Postal + Online (Combo) |
$2.35 / form $2.12 / form |
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Frequently Asked Questions to File 1099-S Online
What is IRS Form 1099-S?
Form 1099-S is an IRS information return used for reporting the sale or exchange of real estate properties. This form is used to report the sales of:
- Improved or unimproved lands (including airspace)
- Permanent structures (including residential, industrial, or commercial buildings)
- Condominium units and its appurtenant fixtures and common elements (including land)
- Co-op housing corporation stock
- Any non-contingent interest in standing timber.
Want to know how to complete Form 1099-S? Here are the step by step Form 1099-S Instructions.
Who Must File Form 1099-S?
The responsibility for filing Form 1099-S falls on specific individuals or entities involved in real estate transactions. The following parties are generally required to file:
1. Real Estate Professionals and Settlement Agents
Entities responsible for closing real estate transactions must file Form 1099-S if they oversee the sale or exchange of:
- Land (improved or unimproved)
- Residential properties (homes, condos, apartments)
- Commercial properties
- Industrial properties
- Co-op sales
These professionals may include:
- Title companiess
- Real estate brokers or agents
- Escrow companies
- Closing attorneys
- If multiple parties are involved in closing, the "responsible party" is usually the person or company who prepares the closing statement and facilitates fund transfers.
2. Businesses Engaged in Real Estate Transactions
If a corporation, partnership, or sole proprietorship regularly buys and sells real estate, it must file Form 1099-S when selling property.
3. Lending Institutions (In Certain Cases)
Lenders involved in foreclosures and short sales may also have a reporting obligation. If a lender cancels debt as part of a sale, additional IRS forms (like 1099-C for debt cancellation) may also be required.
When is the deadline to file Form 1099-S
The filer must deliver recipient copies of Form 1099-S to the transferor by February 17, 2026. The due date to file with the IRS by paper is March 2, 2026, and the due date to file electronically is March 31, 2026.
Visit https://www.taxbandits.com/1099-forms/form-1099-s-deadline/ to know more about 1099-S Due dates
How to correct Form 1099-S?
If your 1099-S Form is rejected or you notice an error on an already filed 1099-S 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-S will need to be sent to them as well.
What are the penalties for not filing Form 1099-S?
If you fail to file Form 1099-S within the specified deadlines, the IRS will impose penalties ranging between $60 and $680, depending on your business size and the delayed period.
To learn more about the 1099-S penalties, Click here
How to Get an Extension for IRS Form 1099-S?
Need more time in Filing your Form 1099-S? You can apply for an automatic 30-day extension by completing Form 8809 and filing it by your original due date. Your extension will be approved within an hour.
Helpful Resources for 1099-S
What is Form 1099-S?
Form 1099-S Instructions
When is 1099 S due?
Success Starts with TaxBandits
An IRS Authorized Efile Provider You Can Trust!
