b"WHAT'S NEWIRS-Mandated, Electronic Tax-Filing Requirement to Impact More BusinessesUnder a new IRS regulation, electronic filing is mandatory for organizations submitting 10 or more tax information returns within a calendar year. While paper forms can still be provided directly to recipients, this mandate covers a wide range of returns, including W-2s, 1099 series and others.Adjust to This Market Shift with New Products & Services from ComplyRightRECIPIENT-ONLY FORM SETSE-FILE AFFILIATE WEBSITEWITH SOFTWARE Interested in generating additional revenue this tax Our new W-2, 1099-MISC and 1099-NEC Recipient-Onlyseason? The new IRS threshold presents the perfect Laser Sets are designed for organizations that will beopportunity to help your customers make the shift to required to e-file, and therefore will not need Copy A ore-filing and boost sales at the same time. Our newtransmittal forms 1096 or W-3. affiliate option is quick and easy to launch.OMB No. 1545-00089595 VOID CORRECTED 7171 VOID CORRECTEDc 22222 VOID aEmployees social security numberFor Ofcial Use Only 2 Federal income tax withheld PAYERS name, street address, city or town, state or province, country, ZIP$ 1 Rents OMB No. 1545-0115 MiscellaneousPAYERS name, street address, city or town, state or province, country, ZIPOMB No. 1545-0116 Nonemployee 1 Wages, tips, other compensation 4 Social security tax withheld or foreign postal code, and telephone no. 2 Royalties Form 1099-MISC Information or foreign postal code, and telephone no. Form 1099-NEC CompensationbEmployers name, address, and ZIP code 3 Social security wages (Rev. January 2022) (Rev. January 2022)d 5 Medicare wages and tips sick pay C C dddoooe e e e 6 Medicare tax withheld PAYERS TIN RECIPIENTS TIN $ $ 3 Other income $ $ $ For calendar yearCopy A PAYERS TINS name (Rev. 1-2022) RECIPIENTS TIN 2nd TIN not. $ $ $ $ 1 Nonemployee compensation 3 For calendar year $ $ General Copy A7 Social security tips 8 Allocated tips $ 5 Fishing boat proceeds 4 Federal income tax withheld Internal RevenueRECIPIENT 2 Payer made direct sales totaling $5,000 or more ofFor Internal Revenue 9106 Medical and health careService CenterForconsumer products to recipient for resale File with Form 1096.payments Service CentereControl number Last name Suff.11Statutory Retirement Third-party12aSee instructions for box 12 C RECIPIENTS name $ 7 totaling $5,000 or more of$ 8 of dividends or interest File with Form 1096. Street address (including apt. no.) 4 Federal income tax withheld Paperwork Reduction Act 13 employeeplan 12b Street address (including apt. no.) Payer made direct salesSubstitute payments in lieu For Privacy ActCity or town, state or province, country, and ZIP or foreign postal code 5 State tax withheld6 State/Payers state no. For Privacy Act and current Notice, see the consumer products toand Paperwork Instructions forfEmployees address and ZIP code 16State wages, tips, etc.17State income tax18Local wages, tips, etc.19Local income tax C d o20Locality name City or town, state or province, country, and ZIP or foreign postal code 13 $ recipient for resale $ 10 Gross proceeds paid to anReduction Act Account number (see instructions) 41-0852411 www.irs.gov/Form1099NEC OMB No. 1545-0116 Certain InformationReturns.14Other 12c 9 Crop insurance proceeds attorney current General Form 1099-NECr Separate Forms on This PageDo Not Cut or7 State incomeNotice, see theCertain Separate Forms on This Page12d 11 Fish purchased for resale12 Section 409A deferrals Instructions for Do Not Cut o Department of the Treasury - Internal Revenue ServiceInformation15StateEmployers state ID number 41-0852411Act Notice, see the separate instructions.Account number (see instructions) 41-0852411 requirement $ $ $ 14 Excess golden parachute$ 15compensation $ $ Returns. or foreign postal code, and telephone no. VOID CORRECTED Form 1099-NEC Compensation7171payments PAYERS name, street address, city or town, state or province, country, ZIP 2nd TIN not.16 State tax withheld 17 State/Payers state no. 18 State income Nonemployee Form W-2 Wage and Tax Statement 2024 Department of the TreasuryInternal Revenue ServiceForm 1099-MISC (Rev. 1-2022) www.irs.gov/Form1099MISC Department of the Treasury - Internal Revenue Service PAYERS TIN RECIPIENTS TIN $ 2Nonemployee compensation (Rev. January 2022) For Internal Revenue For Privacy Act and Paperwork ReductionFor calendar yearCopy AFor Social Security Administration. Send this entire page with not acceptable. Do Not Cut or Separate Forms on This PageDo Not Cut or Separate Forms on This Page Copy AForm W-3 to the Social Security Administration; photocopies are b d cEmployers name, address, and ZIP code Do Not Cut, Fold, or Staple Forms on This Page 2 Federal income tax withheld 9595 VOID CORRECTED $ $ $ 5$ OMB No. 1545-0115 MiscellaneousRECIPIENTS name (Rev. 1-2022) 41-0852411 2nd TIN not. $ $ $ 1 Payer made direct sales totaling $5,000 or more of3 5$ $ File with Form 1096.consumer products to recipient for resale Service CenterFor Privacy Act and 22222 VOID aEmployees social security numberFor Ofcial Use Only PAYERS name, street address, city or town, state or province, country, ZIP 1 Rents Form 1099-MISC Information Street address (including apt. no.) Federal income tax withheld Paperwork Reduction ActInstructions forcurrent OMB No. 1545-00084or foreign postal code, and telephone no. 2 Royalties (Rev. January 2022) City or town, state or province, country, and ZIP or foreign postal code 6 State/Payers state no. Notice, see the GeneralCertain Information1 Wages, tips, other compensation 6 Social security tax withheld Other income For calendar yearCopy A Account number (see instructions) 4 State tax withheld 7 State incomeReturns.3 Social security wages5 Medicare wages and tips Medicare tax withheld 4 Federal income tax withheld Form 1099-NECwww.irs.gov/Form1099NEC Department of the Treasury - Internal Revenue Service7 Social security tips 8 Allocated tips PAYERS TIN RECIPIENTS TIN 3 Fishing boat proceeds 6 Medical and health careInternal RevenueDo Not Cut or Separate Forms on This PageDo Not Cut or Separate Forms on This PageeControl number Last name Suff. 9employeeplan sick pay 10C C C C ddddoooe e e e RECIPIENTS name $ 7 Payer made direct sales$ $ payments Service CenterForPAYERS name, street address, city or town, state or province, country, ZIP$ Nonemployee compensation OMB No. 1545-0116 Compensation1112aSee instructions for box 12 $ totaling $5,000 or more of$ 8 of dividends or interest File with Form 1096. 7171 VOID CORRECTED Form 1099-NEC Nonemployee or foreign postal code, and telephone no.13Statutory Retirement Third-party 12b Street address (including apt. no.) consumer products toSubstitute payments in lieu For Privacy Act(Rev. January 2022)and Paperwork 14Other 12c Crop insurance proceeds10 Gross proceeds paid to anReduction ActRECIPIENTS TIN For calendar year For Internal Revenue 9 recipient for resale current GeneralfEmployees address and ZIP code 16State wages, tips, etc.17State income tax18Local wages, tips, etc. 12d o20Locality name City or town, state or province, country, and ZIP or foreign postal code 13 $ 11 Fish purchased for resale $ 15attorney Notice, see the PAYERS TINS name 1 Payer made direct sales totaling $5,000 or more of3 Copy A15StateEmployers state ID number 41-0852411 LW2A 19Local income tax Account number (see instructions) LMA41-08524115110 requirement $ $ $ 14 Excess golden parachute$ 12 Section 409A deferrals $ $ Instructions for RECIPIENT (Rev. 1-2022)NECLMA41-0852411NEC5110 $ $ $ 2 consumer products to recipient for resale $ $ Service CenterCertain Information File with Form 1096.Returns.2nd TIN not.16 State tax withheld 17 State/Payers state no. 18 State income 5 State tax withheld6 State/Payers state no. For Privacy Act and current payments compensation Street address (including apt. no.) 4 Federal income tax withheld Paperwork Reduction Act Notice, see theInstructions forGeneralCertain InformationReturns.Form W-2 Wage and Tax Statement 2024 Department of the TreasuryInternal Revenue ServiceForm 1099-MISC (Rev. 1-2022) www.irs.gov/Form1099MISC Department of the Treasury - Internal Revenue Service City or town, state or province, country, and ZIP or foreign postal code2nd TIN not.www.irs.gov/Form1099NEC 7 State incomeFor Privacy Act and Paperwork ReductionAccount number (see instructions)Copy AFor Social Security Administration. Send this entire page with not acceptable.Act Notice, see the separate instructions. 5201 Form 1099-NECDepartment of the Treasury - Internal Revenue ServiceForm W-3 to the Social Security Administration; photocopies are See page 52 for format options and other details. See page 5 for details.Copy C Removed from IRS Forms What It Means for Forms Providers and Filers The IRS has updated approximately 10 forms by removing Copy C (also known as the Filer/Payer/Trustee/Lender Copy), originally intended for issuers to retain for their own records. The affected forms are:l1099-B l1099-DIV l1099-K l1099-NEC l1098-El1099-G l1099-INT l1099-MISC l1098-T l5498As a result, filers will no longer use Copy C for recordkeeping purposes. Instead, Copy 2 and/or Copy 1 of these forms are now designated as multi-use forms. These copies can be used to file with state, city or local tax departmentsor they can be provided to recipients to attach to their state or local income tax returns.Tip: Provide an extra copy to recipients who need to file a tax return with multiple states,cities or localities.3"