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IRS Form 1099-LS (Tax Year 2026)

Reportable Life Insurance Sale

IRS Form 1099-LS is used to report reportable policy sales involving life insurance contracts. The form provides the IRS and insurance issuers with information about the sale or transfer of a life insurance policy, including details about the seller, buyer, and transaction proceeds.

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HOW OUR IRIS FILING PROCESS WORKS

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Frequently Asked Questions (FAQs)

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No. You do not need a TCC, ID.me account, or IRS IRIS setup. We use our credentials to securely transmit filings through the IRS IRIS A2A channel on your behalf.

Simply upload your spreadsheet or filing data through our secure portal. We prepare and validate the filing, generate recipient copies for review, and electronically transmit the returns to the IRS through the IRIS A2A system.

Yes. We can assist with corrected filings, amended information, and prior year Form 1099-LS electronic filings through the IRS system.

A reportable policy sale generally occurs when an interest in a life insurance contract is transferred to another party for valuable consideration.

Your data is transmitted through a secure portal and handled confidentially throughout the preparation and electronic filing process.

1099 LS
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