Information Return Intelligence
Episode 42: Substitute Forms, A Bigger 1099 Deal than You'd Think
10:00
The IRS has released Revenue Procedure 2026-18, its annual guidance on substitute forms — and despite the somewhat obscure name, the rules can affect virtually anyone responsible for filing or furnishing Forms 1099.
What Is a Substitute Form?
A substitute form is an information return produced in a format other than the official form supplied by the IRS. The IRS publishes detailed…