1099 Forms
Release 11.0505 on 1/18/25, included the updates needed for the 1099-MISC/1099-NEC forms/instructions for the 2025 tax year. Districts may now process their 1099s, including creating the files if using FIRE this year. Please go ahead and proceed with the 1099 Processing guide even though it says draft.
Programming for the new IRIS Processing for 1099s is scheduled to be included in an upcoming release (tentatively scheduled for 1/22/26).
As a reminder, 1099 information sent to the IRS can be submitted via FIRE or IRIS this year.
Important Due Dates and Reminders
- PEIMS Mid-Year Submission – Due Thursday, January 22, 2026
- PEIMS Mid-Year Resubmission – Due Thursday, February 12, 2026
Important Notes Regarding Mid-Year PEIMS:
- Districts can no longer import in an external auditor’s file. All auditor’s adjusting entries must be posted into Finance into File ID 5 for the Mid-Year PEIMS Submission.
- It is important that all districts verify the data for accuracy and make sure to compare the auditor’s schedules/reports to TSDS Mid-Year PEIMS reports.
- The guide for the ASCENDER TSDS PEIMS Mid-Year Submission Data for Business is linked here.
Reminders for Upcoming Deadlines for W-2 and 1099 Forms
- W-2 Forms must be filed electronically with the SSA and provided to employees by Monday, February 2, 2026.
- 1099-NEC Forms must be filed electronically with the IRS and provided to recipients by Monday, February 2, 2026.
- 1099-MISC Forms must be sent to the recipients by Monday, February 2, 2026. In very few circumstances the due date to the recipient may be later, so be sure to check the IRS website to verify. The due date for electronic submissions to the IRS is Tuesday, March 31, 2026.
These processes were reviewed in trainings held earlier this month. If you were unable to attend, please review the recordings that are located on the IMS Business website > Trainings/Recordings page.