1099 Forms Best 1099-DIV Software for REITs

At a Glance
REITs must report dividend distributions to shareholders on 1099-DIV. BoomTax provides REIT-focused dividend reporting with high-volume processing, investor TIN validation, and direct IRS e-filing for real estate investment trusts.

What is the Best 1099-DIV Software for REITs?

Real Estate Investment Trusts distribute dividends to shareholders requiring 1099-DIV reporting. The best REIT software handles complex dividend categorization including ordinary dividends, capital gains, and return of capital distributions.

BoomTax provides comprehensive 1099-DIV filing for REITs. Our platform handles investor reporting with bulk processing, validation, and IRS e-filing.

Why REITs Choose BoomTax

  • REIT Distributions: Handle all dividend types properly.
  • High Volume: Process thousands of investor forms.
  • TIN Validation: Verify investor tax IDs before filing.
  • Distribution Categories: Ordinary, capital gains, return of capital.
  • IRS E-Filing: Direct electronic submission.
  • State Filing: Where required.

REIT 1099-DIV Reporting

Distribution Types

  • Ordinary Dividends: Box 1a income
  • Qualified Dividends: Box 1b eligible
  • Capital Gains: Box 2a distributions
  • Return of Capital: Box 3 nontaxable

REIT Specifics

  • Section 199A: REIT dividend deduction
  • Foreign Tax: If applicable
  • Backup Withholding: When required
  • State Reporting: Multi-state investors

Key Features for REITs

  • Investor Database: Manage shareholder information.
  • Distribution Allocation: Proper category breakdown.
  • TIN Matching: IRS verification for investors.
  • Bulk Processing: Handle large investor bases.
  • Correction Support: Fix errors efficiently.

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

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.

How REIT 1099-DIV Filing Works

Import Your 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.

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Frequently Asked Questions

The best 1099-DIV software for REITs handles complex distribution categorization, high-volume investor filing, and Section 199A reporting. BoomTax provides comprehensive REIT dividend reporting with bulk processing.

REIT dividends qualifying for the Section 199A deduction are reported in Box 5 of Form 1099-DIV. BoomTax handles proper allocation of REIT dividends across all required boxes.

REITs must file 1099-DIV for dividends of $10 or more paid to shareholders during the tax year. This applies to all distribution types including ordinary dividends, capital gains, and return of capital.
Michaela Porterfield
Author
Michaela Porterfield
Content Writer at BoomTax
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Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.

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Related Resources
Real Estate Industry

Real estate compliance.

Real Estate Industry ›
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1099-DIV Guide

Understanding dividends.

1099-DIV Overview ›
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