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.

IRS Form 1098-F, "Fines, Penalties, and Other Amounts," is used by government entities or certain governmental agencies to report specific fines, penalties, or other amounts they have imposed on an individual or entity. The form is designed to ensure transparency and compliance with the tax law that limits the deductibility of fines and penalties, ensuring that only certain restitution or remediation payments may be deductible for tax purposes.

Who Issues Form 1098-F: Federal, state, local, or other government authorities (or entities treated as governmental) that impose fines, penalties, or other amounts on individuals or organizations as part of an investigation or enforcement action. The form is issued when the total amount involved exceeds $50,000.

Who Receives Form 1098-F: Taxpayers or Entities Subject to Fines: Any individual or entity that is subject to a fine, penalty, or other amounts related to violations of law, and if the total exceeds $50,000, will receive Form 1098-F from the governmental entity. This includes corporations, individuals, and other entities.

Purpose of Form 1098-F: The form is used to report fines, penalties, and certain other amounts imposed for the violation of any law. It is also used to differentiate between non-deductible fines and penalties and amounts that might be deductible if they qualify as restitution or are paid to come into compliance with the law.

Due Date: January 31 is the due date for furnishing Form 1098-F to the individual or entity that paid the fine or penalty. File electronically with the IRS by March 31.

New IRS Forms 1098-F, 1099-LS, 1099-SB.

Real-Life Examples: Case Studies of Form 1098-F