While inDinero doesn't process payroll, we're happy to help you understand payroll-related tax forms.
IRS Form 1096 is a compilation/summary return, which shows the totals from information returns and must be submitted to the IRS along with these returns, such as the 1099-MISC form. This form is typically required for anyone who pays contractors.
A few notes and helpful facts:
- The inDinero team recommends using track1099.com to handle this form.
- Unlike 1099s, you do not send this form to your contractors. This form is only intended for the IRS.
- You do not need to include a 1096 form if you e-file your 1099 forms per IRS General 1099 instructions, Part E.
- These forms must be filed with the IRS by January 31, 2017. The previous year's filing date was the end of February.
- Form 1096 is required for paper filings that include applicable information returns like a 1099-MISC form. You must submit the red ink form to the IRS. Do not download and print a 1096, even if your printer can print the form in red ink. Click here for instructions on how to request an official paper form 1096 as well as instructions on how to complete it.
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