2003 HTML Instructions for Forms 1099, 1098, 5498, & W-2G,

This is archived information that pertains only to the 2003 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Table of Contents

What's New for 2003

Temporary Regulations section 1.6043-4T(b) requires a corporation to file Form 1099-CAP if control of the corporation was acquired or it underwent a substantial change in capital structure. In addition, Regulations section 1.6045-3T requires brokers, who as record holder of stock receive Form 1099-CAP from a corporation reporting under Regulations section 1.6043-4T, to file Form 1099-CAP with the IRS and actual owners.

An Item To Note

In addition to these specific instructions, you should also use the 2003 General Instructions for Forms 1099, 1098, 5498, and W-2G. Those general instructions include information about:

Backup withholding
Magnetic media and electronic reporting requirements
Penalties
Who must file (nominee/middleman)
When and where to file
Taxpayer identification numbers
Statements to recipients
Corrected and void returns
Other general topics

You can get the general instructions from the IRS Web Site at www.irs.gov or by calling 1-800-TAX-FORM (1-800-829-3676).

Instructions for Forms 1099, 1098, 5498, and W-2G - Main Contents