Understanding Form 1099-DA, Form 1099-K and Other Form 1099 Issues (UF99)

There are more than 20 different types of Form 1099, including 1099-DA, 1099-K, 1099-NEC, 1099-S and 1099-MISC, and practitioners must be aware of their filing requirements. This program will cover several of the most widely applicable 1099 versions so tax practitioners can advise their clients who are receiving them or required to send them to other taxpayers.

Panelists are subject to change.

• Creating and using an ID.me account to determine which Forms 1099 a taxpayer should receive
• Electronically filing Form 1099 series information returns
• Form 1099-DA reporting that starts in 2025
• Who is a broker for purposes of Form 1099-DA?
• What is a digital asset for purposes of Form 1099-DA?
• Who should receive a Form 1099-NEC for 2025?
• Form 1099-S reporting
• Form 1099-MISC
• Form 1099-K reporting and the $2,500 reporting threshold for 2025
• What to do with a Form 1099-K reporting payments that are not business-related

• Understand and advise clients regarding the current state of Form 1099 reporting issues