1099 Forms › Understanding 2026 Form 1099-INT Due Date
IRS FIRE System Ending December 31, 2026
The IRS is permanently retiring the FIRE system. All electronic information return filing will move to IRIS (Information Returns Intake System). If you currently file through FIRE, you must transition to IRIS before the deadline.
IRIS Migration Guide
At a Glance
Form 1099-INT reports interest income and must be filed with the IRS and distributed to recipients by annual deadlines. Required information includes payer details, recipient identification, and interest amounts across multiple boxes. Penalties apply for late or missing submissions. E-filing is available and offers faster processing compared to paper filing.
Form 1099-INT Due Date for 2025 Tax Year
Form 1099-INT is part of the 1099 Series of IRS tax forms and specifically reports interest income to the IRS.
As this form is filed annually, a refresher on the process can be helpful. Here's an overview of how to file Form 1099-INT electronically for the 2025 tax year and the due dates.
What are the 1099 Deadlines for 2026?
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February 2nd, 2026
Recipient Copies
Form 1099 & W-2G must be distributed to the recipient on or before February 2nd
-
March 2nd, 2026
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March 31st, 2026
E-File
Form 1099 & W-2G must be e-filed directly to the IRS on or before March 31st
Visit our deadlines article to learn more about Form 1099 & W-2G due dates.
Note: If the filing deadline lands on a Saturday, Sunday, or legal holiday, the due date will automatically be extended to the following business day.
The exception to these deadlines above is for filing Form 1099-NEC. Depending on the filing method, there is a month's advancement on the recipient and IRS copies being January 31st. Get started with BoomTax and file your 1099 with the IRS, state, and mail recipient copies on time. Get Started Now
If you find errors after filing your 1099 return with the IRS, promptly correct the information and submit the corrected Form 1099 and our 1096 guide to the IRS. Also, provide your recipient with an updated 1099 showing the updated details. If you need to correct any state or local tax department information, file the form with the appropriate agencies, not the IRS.
What is the Penalty for Missing Form 1099 Deadline?
Failing to file Form 1099 by the deadline or meeting the deadline but providing incorrect recipient information can result in IRS penalties ranging from $60 to $680, depending on how late the form is submitted. The IRS has increased the penalty amounts for the 2026 filing year.
After the deadline, but within 30 days
$60 per form
After 31 days - August 1st
$130 per form
After August 1st, or not at all
$340 per form
Intentionally not filing
$680 per form
1099 penalties may be subject to the following:
- Furnishing incorrect information on a return
- Failure to provide the required information
- Late filing of returns
- Paper filing when required to file electronically (E-file 1099 if you have 10 or more information returns)
The IRS is accustomed to changing rules year-to-year, sometimes even in the middle of the current tax season! This is why having the most accurate information about the IRS requirements and deadlines for filing any Form 1099 is essential. Use reliable tax software to e-file your forms and stay updated on any changes in regulations or deadlines.
E-filing vs. Paper Filing
- Immediate real-time IRS updates
- File 1000s of forms easily at once
- Validates 1000s of IRS rules
- Can help with questions in real-time in chat
Paper Filing
- It can take weeks to hear a status update
- Requires unique red ink form
- Prone to human error
- No expert to help with questions
Note: IRS recommends that payers utilize the e-file option over paper filing for faster processing.
How to file 1099-INT electronically?
E-filing Form 1099-INT electronically is simple and convenient, especially with BoomTax! To begin filing, follow these 3 simple steps:
Import Your Form 1099-INT Data
You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.
Step-By-Step Wizard
We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.
E-File & Mail Employee Copies
Once your data is loaded, you can e-file and distribute employee copies in minutes.
If you need a solution for distributing recipient copies, BoomTax has you covered! Choose from postal mail and online access options.
What information is needed to complete Form 1099-INT?
To file Form 1099-INT, you'll need the following information:
Sections For Entering Payer Information
Complete the Payer Details section. This includes:
- Name
- Address
- Contact phone number
- Tax Identification Number (TIN)
Sections For Entering Recipient Information
Complete the Recipient Details section. This includes:
- TIN
- Name
- Street Address
- City, State, Zip
Interest Information Boxes
All Features Included
Purchasing any BoomTax package will give you everything you need to complete your filing.
This includes:
- Federal E-File
- State E-File (ACA and 1099 CF/SF)
- Recipient Copy Download as PDF
- Official IRS Copy Download as PDF
- Unlimited Corrections
1099-INT Bulk Import
Import many companies in one spreadsheet to simplify data input.
Data Validation
We validate your data against hundreds of IRS rules.
Hands Off E-File
No IRS registration or testing required.
Free Corrections
Make as many changes as needed for free.
BoomTax supports the secure and accurate filing of Form 1099-INT with the IRS and state agencies. Additionally, we offer distribution solutions for recipient copies electronically and physically.
Takes Only 30 Seconds
Author
Michaela Porterfield
Content Writer at BoomTax
View all posts
Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.
BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.
