H.R. 5377House115th Congress (2017-2019)In Committee

Creating An Online Platform For Instant 1099 Submissions Act

Introduced March 21, 2018

AI-Generated Summary

Updated April 15, 2026 at 8:58 PM UTC

The bill directs the Treasury Secretary to create an online system that lets taxpayers prepare, file, and manage Form 1099 information. The platform must be available by January 1, 2021 and provide guidance from the IRS. It is intended to supplement existing IRS services, not replace them, and must follow federal security standards. The change would affect any individual or business that files 1099 forms.

Key Provisions

  • Treasury must launch an internet website or similar electronic platform for Form 1099 preparation and filing by Jan 1 2021.
  • The platform must allow users to file 1099s with the IRS, generate copies for recipients, and keep required taxpayer records.
  • The service is a supplement to current IRS offerings, not a replacement.
  • The platform must comply with security standards set by the National Institute of Standards and Technology.

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

March 21, 2018

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HouseIntro Referral

Introduced in House

March 21, 2018

HouseIntro Referral

Referred to the House Committee on Ways and Means.

March 21, 2018

Bill Text

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Introduced in HouseIssued March 21, 2018

I

115th CONGRESS

2d Session

H. R. 5377

IN THE HOUSE OF REPRESENTATIVES

March 21, 2018

Mr. Renacci (for himself, Mrs. Black, and Mr. Bishop of Michigan) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To require the Secretary of the Treasury to make available an internet platform to prepare and file Forms 1099, and for other purposes.

1.

Short title

This Act may be cited as the Creating An Online Platform For Instant 1099 Submissions Act.

2.

Internet platform for Form 1099 filings

(a)

In general

Not later than January 1, 2021, the Secretary of the Treasury or the Secretary’s delegate (hereafter referred to in this section as the Secretary) shall make available an Internet website or other electronic media, with a user interface and functionality similar to the Business Services Online Suite of Services provided by the Social Security Administration, that will provide taxpayers access to resources and guidance provided by the Internal Revenue Service and will allow taxpayers to—

(1)

prepare and file Forms 1099,

(2)

prepare Forms 1099 for distribution to recipients other than the Internal Revenue Service, and

(3)

create and maintain necessary taxpayer records.

(b)

Electronic services treated as supplemental; application of security standards

The Secretary shall ensure that the services described in subsection (a)—

(1)

are a supplement to, and not a replacement for, other services provided by the Internal Revenue Service to taxpayers, and

(2)

comply with applicable security standards developed by the National Institute of Standards and Technology.