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 SETS E-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 new transmittal 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 Compensationor foreign postal code, and telephone no. or foreign postal code, and telephone no.bEmployers name, address, and ZIP code 1 Wages, tips, other compensation 4 Social security tax withheld 2 Royalties Form 1099-MISC Information Form 1099-NEC Nonemployee 3 Social security wages (Rev. January 2022) (Rev. January 2022)5 Medicare wages and tips 6 Medicare tax withheld PAYERS TIN RECIPIENTS TIN $ 3 Other income $ For calendar yearCopy A PAYERS TIN RECIPIENTS TIN $ 2Nonemployee compensation For calendar year Copy Ad fEmployees address and ZIP code 16State wages, tips, etc. 7 Social security tips sick pay 12c C C C C ddddooooe e e e 8 Allocated tips 20Locality name RECIPIENTS name 13 requirement $ $ $ $ 5 Fishing boat proceeds 7$ $ $ $ 4 Federal income tax withheld Internal RevenueRECIPIENTS name (Rev. 1-2022) 41-0852411 2nd TIN not. $ $ $ 1 Payer made direct sales totaling $5,000 or more of3 4$ $ For Internal Revenue 9106 Medical and health careService CenterForconsumer products to recipient for resale File with Form 1096.payments Service CentereControl number Last name Suff.1112aSee instructions for box 12 $ totaling $5,000 or more of$ 8 of dividends or interest File with Form 1096. Street address (including apt. no.) Paperwork Reduction Act 13Statutory Retirement Third-party 12b consumer products toand PaperworkState tax withheld6 State/Payers state no. For Privacy Act and current Payer made direct salesSubstitute payments in lieu For Privacy ActCity or town, state or province, country, and ZIP or foreign postal code 5 Federal income tax withheld Notice, see the employeeplan 12d Street address (including apt. no.) recipient for resale 10 Gross proceeds paid to ancurrent General Account number (see instructions) www.irs.gov/Form1099NEC General Instructions forCertain InformationReturns.Reduction Act14Other 9 Crop insurance proceeds attorney Notice, see the 7 State incomeCertain Do Not Cut o Separate Forms on This PageCity or town, state or province, country, and ZIP or foreign postal code 11 Fish purchased for resale12 Section 409A deferrals Instructions for Form 1099-NECr Separate Forms on This PageDo Not Cut orDepartment of the Treasury - Internal Revenue ServiceInformation15StateEmployers state ID number 17State income tax18Local wages, tips, etc.19Local income tax 14 Excess golden parachute 15 compensation Returns. PAYERS name, street address, city or town, state or province, country, ZIPOMB No. 1545-0116payments 7171 VOID CORRECTEDFor Privacy Act and Paperwork ReductionAccount number (see instructions) 2nd TIN not.16 State tax withheld 17 State/Payers state no. 18 State income or foreign postal code, and telephone no. Form 1099-NEC Nonemployee Form W-2 Wage and Tax Statement 2024 41-0852411 Department of the TreasuryInternal Revenue ServiceForm 1099-MISC (Rev. 1-2022)41-0852411 www.irs.gov/Form1099MISC $ $ Department of the Treasury - Internal Revenue Service $ $ RECIPIENT RECIPIENTS TIN $ 1 Nonemployee compensation (Rev. January 2022) CompensationCopy AFor Social Security Administration. Send this entire page with not acceptable.Act Notice, see the separate instructions.Do Not Cut or Separate Forms on This PageDo Not Cut or Separate Forms on This Page For calendar year Copy AForm W-3 to the Social Security Administration; photocopies are Do Not Cut, Fold, or Staple Forms on This Page PAYERS TINS name 2 Payer made direct sales totaling $5,000 or more ofFor Internal Revenue For Ofcial Use Only 6 Social security tax withheld 9595 VOID CORRECTED $ $ OMB No. 1545-0115 Information Street address (including apt. no.) 41-0852411 $ $ 3 consumer products to recipient for resale $ $ General Service CenterFile with Form 1096.For Privacy Act and b 22222 VOID aEmployees social security number OMB No. 1545-0008 1 Wages, tips, other compensation 2 Federal income tax withheld PAYERS name, street address, city or town, state or province, country, ZIP 1 Rents Form 1099-MISC Miscellaneous$ 4 Federal income tax withheld Paperwork Reduction ActInstructions forcurrent or foreign postal code, and telephone no. Notice, see theReturns.Certain InformationcEmployers name, address, and ZIP code 3 Social security wages 42 Royalties (Rev. January 2022) City or town, state or province, country, and ZIP or foreign postal code2nd TIN not. 5 State tax withheld6 State/Payers state no. 7 State income5 Medicare wages and tips Medicare tax withheld PAYERS TIN RECIPIENTS TIN 5Other income $ For calendar yearCopy A Account number (see instructions) www.irs.gov/Form1099NEC Department of the Treasury - Internal Revenue ServiceForm 1099-NEC (Rev. 1-2022)d 7 Social security tips 8 Allocated tips $ 3 Fishing boat proceeds 4 Federal income tax withheld Internal RevenueDo Not Cut or Separate Forms on This PageDo Not Cut or Separate Forms on This PageeControl number Last name Suff. 918Local wages, tips, etc. 10C C C C dddd oooe e e e 20Locality name RECIPIENTS name 13 requirement $ $ $ $ 97 Payer made direct sales$ $ $ $ 6 Medical and health careService CenterForPAYERS TINS name 7171 VOID CORRECTED $ $ 23 OMB No. 1545-0116 CompensationpaymentsFile with Form 1096. PAYERS name, street address, city or town, state or province, country, ZIP 11employeeplan sick pay 12aSee instructions for box 12 Street address (including apt. no.) totaling $5,000 or more of$ 8 of dividends or interest For Privacy Actor foreign postal code, and telephone no. Form 1099-NEC Nonemployee 13Statutory Retirement Third-party 12b consumer products toSubstitute payments in lieuand Paperwork(Rev. January 2022)14Other 12c oCrop insurance proceeds10 Gross proceeds paid to anReduction ActRECIPIENTS TIN Nonemployee compensation For calendar year Copy Arecipient for resalefEmployees address and ZIP code 16State wages, tips, etc.17State income tax 12d City or town, state or province, country, and ZIP or foreign postal code 11 Fish purchased for resale attorney Notice, see the RECIPIENT 1 Payer made direct sales totaling $5,000 or more ofFor Internal Revenue current General12 Section 409A deferrals Instructions forCertainconsumer products to recipient for resale Service CenterInformation File with Form 1096.15StateEmployers state ID number 19Local income tax Account number (see instructions) LMA41-0852411 2nd TIN not. $ $ 14 Excess golden parachute 15 compensation $ $ Returns. Street address (including apt. no.) NECLMA41-0852411NEC5110 $ $ 4 Federal income tax withheld $ $ Paperwork Reduction Act payments 17 State/Payers state no. 18 State income 5 State tax withheld6 State/Payers state no. General For Privacy Act and current Notice, see theInstructions for16 State tax withheld Certain InformationFor Privacy Act and Paperwork ReductionAccount number (see instructions) 7 State incomeReturns.Form W-2 Wage and Tax Statement 2024 41-0852411 Department of the TreasuryInternal Revenue ServiceForm 1099-MISC (Rev. 1-2022) 5110www.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 Department of the Treasury - Internal Revenue ServiceCopy AFor Social Security Administration. Send this entire page with not acceptable. LW2AAct Notice, see the separate instructions. 5201 Form 1099-NEC (Rev. 1-2022)Form 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:l 1099-B l 1099-DIV l 1099-K l 1099-NEC l 1098-El 1099-G l 1099-INT l 1099-MISC l 1098-T l 5498As 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"