1099 Information for SoftPro Select Users
Now is the time to begin your 2024 1099 filings! A 1099 update is required in your SoftPro software before you can complete your submissions. You can complete this update on your own by following the instructions below:
Complete your 1099 update now:
What 1099 Exceptions Reports do I need?
- 1099-S Exceptions
- Missing and Orphaned 1099 Records Report
- Pro1099 vs. ProForm Data Variances
- 1099-S Duplicate Record Listing
How do I access the Exceptions Reports?
- Visit the SoftPro Documents Portal
- Log in with your mySoftPro or SoftPro 360 credentials or click "Sign Up" to create a login
- Once logged in, click "Browse All" from the menu on the left
- Click on "National Packages"
- Find the package named "Default Documents and Reports" and click "Download"
- Install the Bundle in SP Admin. For information on how to do this, visit the "Videos & FAQs" page in the Documents Portal
Read the chart below to be aware of what's coming next:
|
When |
What to complete |
|
Now - December |
Run the reports often; you'll want to review and clear exceptions before you submit your 1099 information to the IRS |
|
Nov - March |
Update your Tax Year Script - view instructions |
|
January – March |
Resolve any outstanding exceptions and submit to the IRS |
Important Pre-Filing Information
If you are filing your 1099 record electronically for the first time, you will need to fill out an IR application for TCC via IRS.gov. You can create a FIRE login account here beginning on January 13, 2025.
Filing Deadlines for Electronic Filing Only
February 15, 2025: Recipient (Seller) Copy
March 31, 2025: IRS Submission
May 2, 2025: Final date to file with an extension. How to file an extension for Tax Year 2024.
Resources, How-To Videos, and the Pro1099 Select User Guide:
- How to Update Your TCC in Select
- Preparing for 1099 submission to the IRS
- What are the steps to complete the 1099 process?
- Ensure files are sent to Pro1099
- Run the Exception Report and make 1099 corrections
- Add and delete a 1099 record
- 2024 1099 Select User Guide
Free Webinars:
Now is the time to file your 1099 records with the IRS. Join us as we walk you through previewing the records, the steps to create the submission file, and submitting the file to the IRS website.
*Please Note: SoftPro suggests creating a 2024 IRS TAX file in early 2025 to ensure you have all 2024 purchases finalized and the IRS FIRE site is accepting 2024 IRS TAX files.
