Form 1099-B Deadline for 2023 Tax Year

Why E-File Form 1099-B with TaxBandits?
  • No Annual Subscriptions Fees
  • No Reconciliation Charges
  • No Hidden Charges

Form 1099-B Due Date for 2023 Tax Year

Updated on October 16, 2023 - 10:30 AM by Admin, TaxBandits

In this article, we cover the following topics:

1. What is Form 1099-B?

Form 1099-B is used to report proceeds from broker and barter exchange transactions that were made throughout the tax year. Form 1099-B must be filed with the IRS and recipient copies must be distributed to each person that made a sale or exchange through a broker.

2. Form 1099-B deadline for 2023 tax year

The IRS Tax Form 1099-B Deadline for the 2023 tax year.

Recipient copy Paper filing E-filing
February 15, 2024 February 28, 2024 April 1, 2024
TaxBandits supports the secure and accurate filing of Form 1099-B Forms with the IRS and State. We also offer solutions for the distribution of your recipient copies. E-file 1099-B Now

3. How to file Form 1099-B for 2023 tax year?

Paper filing:

The IRS accepts paper copies of Form 1099-B. However, if you are planning on filing more than 250 paper forms, electronic filing is required. You may not know the filing status if you file by paper. Also it’s time consuming.

Electronic filing:

Electronic filing is more accurate, convenient, and secure than traditional paper filing. E-filing is the IRS preferred filing method because it allows them to process the forms at a faster rate and provide updates in a much shorter timetable.

4. E-File Form 1099-B Easily with TaxBandits

With TaxBandits, e-filing Form 1099-B is simple and secure, just follow the steps below
to get started:

  • Create an account with TaxBandits.
  • Select or add the business you are filing for.
  • Enter the required Form 1099-B details.
  • Review and transmit Form 1099-B to the IRS.

Get started with TaxBandits today and stay compliant with the IRS.

Need a recipient copy solution? TaxBandits has you covered! You can select from our postal mail and online access options.

Success Starts with TaxBandits

The Smart Business Owners Choice