Easily file your 1099-CAPs online – Avalara (Track1099)

What is Form 1099-CAP and when is it required?

Form 1099-CAP reports distributions to shareholders resulting from certain changes in a corporation’s control or capital structure. This form is issued by corporations that undergo significant events when shareholders receive cash, stock, or other property. Common events include:

Mergers and acquisitions
Corporate reorganizations or recapitalizations
Stock buybacks
Distributions of cash or property

Start filing your 1099-CAP forms

Can I file Form 1099-CAP online?

Yes. You can e-file Form 1099-CAP through the IRS website or by mail. You may also use Avalara 1099 & W-9 to streamline the e-filing process and help prevent costly errors.

E-file your 1099-CAP forms now

What are the IRS deadlines for filing Form 1099-CAP?

Send copies to recipients by January 31.
E-file with the IRS by March 31.

When these dates fall on a weekend or holiday, the deadline shifts to the next business day.

E-file your 1099-CAP forms with the IRS

Do I need to file Form 1099-CAP with state tax agencies?

It depends. Some states require you to file Form 1099-CAP directly, especially if state income tax was withheld or if you’re not using the IRS Combined Federal/State Filing Program (CF/SF). Requirements, deadlines, and formats vary by state.

E-file your 1099-CAPs with states

Does the 1099-CAP get more scrutiny from the IRS than other 1099s?

The IRS does not have an official policy for treating the 1099-CAP differently than any other type of 1099. However, corporations that file 1099-CAPs may want to be extra careful given that the transactions reported on the form relate to significant corporate events and, therefore, often involve substantial amounts of money.

Get started for free

What is the minimum threshold for filing a 1099-CAP?

A corporation must file a Form 1099-CAP if the aggregate value of the distributions to shareholders resulting from a change in corporate control or capital structure equals or exceeds $100 million during the tax year.

Get started for free

With Avalara 1099 & W-9, e-file, e-deliver, and e-correct the most common IRS form types

1042	1099-A	1099-LTC	3921
1042-S	1099-B	1099-MISC	3922
1094/1095	1099-C	1099-NEC	5498
1097-BTC	1099-CAP	1099-OID	5498-ESA
1098	1099-DIV	1099-PATR	5498-SA
1098-C	1099-G	1099-Q	T4A
1098-E	1099-INT	1099-R	W-2/2C
1098-Q	1099-K	1099-S	W-2G
1098-T	1099-LS	1099-SA

With Avalara 1099 & W-9, collect W-series IRS forms from your vendors.

W-4	W-8BEN	W-8BEN-E	W-8IMY
W-9

Avalara 1099 & W-9 offers forms for you to print, sign, and mail to the IRS

940/941

943

944

945

Live Q&A with 1099 experts

Got questions about the 1099-NEC, 1099-MISC, or 1042-S? Tune into our twice-weekly January webinar and get the answers you need — straight from 1099 and accounts payable professionals.

File IRS Form 1099-CAP online