1099 Forms › Best 1099-DIV Software for REITs
At a Glance
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.
Frequently Asked Questions
Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.
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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.