2026 Form 1099 / 1042-S Reporting Checklist for IRIS
The IRS is retiring FIRE for 2026 information returns. New schema requirements, a $2,000 threshold, and no FIRE TCC carryover mean early action is required. Use this checklist to prepare.
The IRS is retiring FIRE for 2026 information returns. New schema requirements, a $2,000 threshold, and no FIRE TCC carryover mean early action is required. Use this checklist to prepare.