1099 Forms › Form 1099-OID Due Dates and Filing Deadlines for 2026
At a Glance
Form 1099-OID Filing Deadlines
Form 1099-OID follows standard information return deadlines for reporting original issue discount income on debt instruments.
Key Deadlines
| Requirement | Deadline |
|---|---|
| Provide Copy B to recipient | January 31 |
| File with IRS (paper) | February 28 |
| File with IRS (electronic) | March 31 |
E-File Form 1099-OID with BoomTax
E-file your Form 1099-OID with BoomTax to ensure timely filing and avoid penalties.
External Resources
Frequently Asked Questions About 1099-OID Deadlines
If a filing deadline falls on a Saturday, Sunday, or legal holiday, the deadline is automatically extended to the next business day. This applies to both the recipient copy deadline and the IRS filing deadline.
Yes, you can request an extension by filing Form 8809 (Application for Extension of Time to File Information Returns). This grants an automatic 30-day extension. A second 30-day extension may be available under certain circumstances but is not automatic.
Penalties for late filing depend on how late the form is filed:
- Within 30 days: Reduced penalty per form
- After 30 days but by August 1: Higher penalty per form
- After August 1 or not filed: Maximum penalty per form
Small businesses with gross receipts of $5 million or less may qualify for reduced penalty caps.
The IRS provides an additional month for electronic filing (March 31 vs. February 28) to encourage e-filing. Electronic returns are processed more efficiently, reduce errors, and are more secure. If you file 10 or more information returns, e-filing is required.
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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.