It's Secure: Transmit your data directly to the IRS or to any specific state portal. Your data is not transmitted via the cloud or any third party.

Excel Integration: Import your data from excel (xls, xlsx). Download your sample excel file to get started.

Print: Copy B can be printed on plain paper with black ink. No additional forms need to be purchased. Designed to be tri-folded into a standard, #10 size, double window envelope.

Files are processed faster with fewer errors: Our software does an excellent job of detecting errors before you transmit your data to the IRS.

FREE Technical Support: Speak to a local and live support specialist. We can answer any question that might arise.

We can print, mail and electronically file on your behalf originals or corrections for current or prior tax years to the IRS through the Combined Federal/State program and to any specific states.

Assigned Representative: Every customer is assigned a dedicated representative who provides personalized support with at least 15 years of tax filing experience.

Reduced Administrative Burden: By outsourcing tax-related tasks, businesses can free up their internal resources to focus on core operations.

No TCC or ID.me Account Required: The service eliminates the need for obtaining Transmitter Control Codes (TCC) or verifying identity through ID.me, which can be cumbersome for businesses.

High Volume & Complex Filing Capabilities: 1099FIRE is equipped to manage large volume filings, multiple payers, and handle state filings, bulk TIN matching, and more, including transmission through the Combined Federal/State Filing (CFSF) program.

Why do I need to call for a quote? Every project is different, and a one-size-fits-all approach simply won't do. Calling us for a custom quote will ensure that our team can thoroughly understand your specific needs and provide a solution that's perfect for you. Sales can be reached at (480) 706-6474.

Not a problem. Our software and outsourcing services are capable of meeting your needs. Print and electronically file originals or corrections for current or prior tax years.

Form 1097-BTC is used for specific types of tax credit bonds authorized by the federal government to encourage public projects or other qualifying initiatives. These bonds typically provide federal tax incentives to bondholders. Each of these bonds is issued to fund specific types of public works or energy conservation projects, and the tax credits associated with them can significantly reduce a bondholder's tax burden.

Who Receives Form 1097-BTC: Bondholders or recipients of tax credits associated with certain bonds receive the form. This can include individual taxpayers, corporations, or government entities that hold qualifying bonds. The recipients use the credits reported on the form to offset their federal income tax liability.

Who Sends Form 1097-BTC: Issuers of tax credit bonds (typically governmental entities or other authorized entities) are responsible for sending Form 1097-BTC.

Purpose: The purpose of IRS Form 1097-BTC is to report tax credits related to certain tax credit bonds. Issuers of these bonds use the form to inform both the IRS and bondholders about the tax credits bondholders can claim on their federal income taxes. Instead of receiving regular interest payments, bondholders may receive tax credits that reduce their tax liability or provide a refundable credit.

Due Dates: Issuers of certain tax credit bonds (or their agents) and nominees/intermediaries must report quarterly and file with the IRS annually a separate Form 1097-BTC for each tax credit distributed. Issuers must provide Form 1097-BTC to bondholders by January 31 of the year following the tax year. Issuers must file the form electronically with the IRS by March 31.

How to complete IRS Form 1097-BTC?

Reporting requirements for Form 1097-BTC