IRS launches online portal for filing 1099 forms

The IRS on Wednesday publicized a new free online tool that businesses can use to file 1099 forms.

The new portal, called the Information Returns Intake System, can be used for 1099s for the 2022 tax year and later.

The move comes as the IRS digests nearly $80 billion granted to the agency under the Inflation Reduction Act, some of which goes to technology improvements. The IRS is also working on ways for taxpayers to directly interact with the agency, while reducing the volume of paper filed.

“The launch of IRIS can help reduce the millions of paper Forms 1099 we project will be filed in 2023 and demonstrates our commitment to finding useful and innovative ways of reducing paperwork on the business community and others issuing 1099s,” Acting IRS Commissioner Douglas O’Donnell said in a news release. “This is part of the larger effort underway to make improvements and transform operations at the IRS.”

Businesses of all sizes can use the portal, but the web tool was mainly designed for small-volume filers such as small businesses and accounting firms, Mike Maltby, the project director for the portal, said on a call with reporters. The IRS has an existing system, which will remain in operation for at least this year’s filing season, that is used for bulk filing.

The portal can be used to file all types of 1099 forms, including 1099-MISC, 1099-NEC, and 1099-K forms. Businesses can either type in information or upload documents, and the portal can be used to file corrected forms and request extensions.
Deputy Treasury Secretary Wally Adeyemo previewed the rollout of the online tool during a call with reporters last week and also said taxpayers soon would have the ability to respond to 10 IRS notices online. The Treasury Department has been focusing its initial efforts in using the new funds the IRS received in the tax-and-climate law to improve taxpayer services this filing season.