Note: The facts and circumstances of each situation will ultimately determine the filing requirements. Form Title What to Report Amounts to Report Report to IRS by: Report to Recipient by: W-2 Wage & Tax Statement Wages, tips, other compensation, social security, Medicare, withheld income taxes. See Publication 15 for additional info. See form instructions. Only to SSA by January 31 January 31 W-2G Certain Gambling Winnings Gambling winnings from horse racing, dog racing jai alai, lotteries, keno, bingo, slot machines, etc. Generally, $600 or more. $1200 or more from bingo or slot machines. $1500 or more from keno. February 28 (filed on paper) March 31 (filed electronically) January 31 W-3 Transmittal of Wage & Tax Statements Used to transmit Copy A of Forms W-2, Wage & Tax Statement. Summary of W-2 amounts. Only to SSA by January 31 N/A 945 Annual Return of Withhold Federal Income Tax Federal tax withheld on Forms 1099 and W-2G must be reported on Form 945. All amounts withheld from nonpayroll payments. January 31 following the tax year (or by Feb. 10, if deposits were timely paid in full for the year). N/A 1096 Annual Summary & Transmittal of U.S. Information Returns Used to transmit paper Forms 1098, 1099, 5498, and W-2G. Summary of Forms 1098, 1099, 5498, and W-2G amounts. February 28 N/A 1098 Mortgage Interest Statement Mortgage interest (including points) received in the course of your trade or business from individuals & reimbursements of overpaid interest. $600 or more. February 28 (filed on paper) March 31 (filed electronically) To Payer or Borrower by January 31 1099-C Cancellation of Debt Cancellation or discharge of a debt owed to a financial institution, Federal Govt, credit union, etc. $600 or more. February 28 (filed on paper) March 31 (filed electronically) January 31 1099- DIV Dividends & Distributions Distributions (such as dividends), capital gain distributions, or nontaxable distributions, that were paid on stock & liquidation distributions. $10 or more, except $600 or more for liquidations. February 28 (filed on paper) March 31 (filed electronically) January 31 1099- INT Interest Income Interest Income. $10 or more ($600 or more in some cases). February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Gaming prizes and awards, tournaments with no entry fee. $600 or more February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Pow Wow prizes, per capita and other gaming distributions to tribal members. $600 or more February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Rent or royalty payments, prizes & awards that are not for services, such as winning on TV or radio shows. $600 or more, except $10 or more for royalties. February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Payments to crewmembers by owners or operators of fishing boats, including payments of proceeds from sale of catch. All amounts. February 28 March 31, if filed electronically January 31 1099-MISC Miscellaneous Income Payments to physicians, physicians' corporation, or other supplier of health & medical services (including drug testing). $600 or more. February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Substitute dividend & tax-exempt interest payments reportable by brokers. $10 or more. February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Crop insurance proceeds. $600 or more. February 28 (filed on paper) March 31 (filed electronically) January 31 1099-MISC Miscellaneous Income Gross proceeds paid to attorneys. All amounts. February 28 (filed on paper) March 31 (filed electronically) January 31 1099-NEC Compensation Payments for services performed for a trade or business by people who are not your employees (non- Employee compensation). Cash payments for fish (or other aquatic life) you purchase from anyone engaged in the business of catching fish Payments to an attorney Example: For legal fees. $600 or more. January 31 (filed on paper and electronically) January 31 1099-R Distribution from pensions, annuities, retirements, IRAs, etc. Distributions from retirement or profit-sharing plans, any IRA, or insurance contracts, and IRA recharacterizations. $10 or more. February 28 (filed on paper) March 31 (filed electronically) January 31 1099-S Proceeds from Real Estate transaction Gross proceeds from the sales or exchange of real estate. Generally, $600 or more. February 28 (filed on paper) March 31 (filed electronically) January 31 FinCEN Form CTR Currency Transaction Report Each deposit, withdrawal, exchange of currency, or other payment or transfer by, through, or to financial institutions (within one gaming date for casinos). Over $10,000. 15 days after date of transaction. Not required. 5754 Statement by Person Receiving Gambling Winnings Amount of gambling winnings you received for someone else or as a member of a group of winners on the same winning ticket. Name, taxpayer ID, address, amount won, & winnings from identical wagers for each winner. N/A. To be given to payer of winnings. 8027 Employer's Annual Information Return of Tip Income & Allocated Tips Large food and beverage establishments when the employer is required to make annual reports to the IRS on receipts from food or beverage operations and tips reported by employees. If applicable, form must be completed using the employer's records of tips. February 28 N/A 8300 Report of Cash Payments Over $10,000 Received in a Trade or Business Payment in cash or foreign currency received in one transaction, or two or more related transactions, in the course of a trade or business. Does not apply to those required to file Form 4789; casinos required to file Form 8362; or, generally, transactions outside of the U.S. Over $10,000 15 days after date of transaction To Payer by January 31
