The IRS mandates e-filing when you file 10 or more 1099s form for the 2023 tax year.
E-File Now

How to E-file Form 1099-S Online for 2023 with TaxBandits?

TaxBandits for Every Business
Choose Form 1099-S

Select the Form 1099-S, choose the appropriate tax year and proceed. With TaxBandits you can file your Form 1099-S for current and previous tax years.

Enter Form 1099-S Details

Enter the required information on the Form 1099-S either manually or bulk upload through custom CSV/Excel templates.

Review Form 1099-S Information

Review the information entered on the Form 1099-S and make necessary changes
if needed.

Transmit your Form 1099-S to the IRS

After reviewing the form, transmit the completed Form 1099-S to the IRS and State.

Deliver Recipient Copy(Online/Postal)

You can opt to distribute your recipient copies either through postal mailing or secure online portal.

What Information is Required to File IRS Form 1099-S Online?

TaxBandits for Every Business 2023 IRS Form 1099-S
  • 1. Filer Details: Name, Address, Phone Number, TIN, Federal ID Number
  • 2. Transferor Details: Name, Address, ID Number, TIN, Account/Escrow Number
  • 3. Property Details: Closing Date, Gross Proceeds, Address, Real Estate Tax

Start filing your 1099-S tax returns with TaxBandits.

Businesses and Tax Professionals Trust TaxBandits’ Amazing Features

Every State

E-file for Every State

Need to file your Form 1099-R with States? TaxBandits allows you to quickly and easily efile for every required state

Postal Mail and Online Access

Postal Mail & Online Access

TaxBandits delivers your recipient copies by postal mail and through secure online access portal. No Extra charge for postal mailing during peak hours

Bulk Upload Excel/CSV

Bulk Upload Using Excel / CSV

Effortlessly import your form data with TaxBandits using our Excel/CSV templates in one go. Have your own template? Upload it seamlessly with our smart upload feature.

Internal Audit Check

Internal Audit Check

TaxBandits internal audit check ensures that your 1099-R Forms are validated through IRS business rules, Basic Form Validation, and IRS Schema Validation.

Exclusive E-file Solution for Tax Pros


Workflow Management

Easily manage multiple businesses from one platform. Grant access to your staffs and seamlessly track and review all their activities.


Additional User Access

TaxBandits allows you to add unlimited users to a single account and assign specific roles to users for efficient account management and collaboration.


Client Portal Communicate

securely with clients and share essential information in real-time, saving time and eliminating the need for third-party channels


Prepaid Credits

Instantly file high volumes of returns with our prepaid credits. Save cost and time by eliminating the need to enter credit card information before each form transmission.

Success Starts with TaxBandits

The Smart Choice of every 1099 Filers

Frequently Asked Questions

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 building), and condominium units and its appurtenant fixtures and common elements (including land, co-op housing corporation stock, and 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.

When is the deadline to file Form 1099-S?

For 2023 Tax Year, February 15, 2024 is the due date to distribute Recipient copies, February 28, 2024 is the due date to paper file with the IRS and April 1, 2024 is the due date to file Form 1099-S electronically.

Visit to know more about 1099-S Due dates

Is It Required To File Form 1099-S With The State?

Depends on the state requirements, you may need to file your Form 1099-S. If the state is a part of the Combined Federal/State Filing, then your returns will be forwarded to the participating states on your behalf. However, some states mandate the direct filing of 1099-S returns with additional filing requirements that fall to you.
Check Your State Filing Requirements.

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 Late Filing Penalties for Form 1099-S?

The IRS will issue penalties for filing 1099-S Forms for the following reasons:

  • Failing to file machine-readable paper forms
  • Paper filing when you are required to e-file
  • Failing to include all the required filing information
  • Information or data entered incorrectly
  • Failing to report a Taxpayer Identification Number (TIN)
  • Reporting an incorrect TIN

Click here to know about 1099-S Penalties

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.

Learn More about Form 1099 Extensions.

Frequently Asked Questions
TaxBandits for Every Business

Success Starts with TaxBandits

The Smart Business Owners Choice