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Version: 1.7.1


The capital gains and losses that a recipients incurs after selling certain assets through brokerages and barter exchanges are reported on Form 1099-OID.

Here’s how Form 1099-OID endpoint may be used:

  • Call Auth method to get the access token. This access token must be supplied in the request header as the ‘Bearer‘ token. Refer OAuth 2.0 Authentication for more information on JWT authentication and how to integrate with the subsequent requests.
  • Use ValidateForm method to validate the field level specifications of form 1099-OID before creating the form.(Optional) 
  • Use the Create method to create Form 1099-OID for recipients under payer. You can opt for Postal Mailing and/or Online Access in the Create request itself.
  • Use RequestDraftPdfUrl to return the Draft PDF for review purposes. These forms are not transmitted and will have a watermark "For Review only" on it
  • Use Update method to make changes to an existing Form 1099-OID  returns.
  • Use Delete method to delete 1099-OID return prepared in TaxBandits.
  • Use Validate method to audit the data of Form 1099-OID before transmission to the IRS.
  • Use Transmit method to transmit the 1099-OID to the IRS.
  • Use the RequestDistUrl method to generate a unique URL from which the recipients can view and download 1099.
  • Use RequestPdfURL method to retrieve PDFs for single or multiple recipients.
  • Use Status method to check the status of the 1099-OID after transmission. 
  • Use List method to list all Form 1099-OID for a Submission or Payer.
  • Use Get method to retrieve the Form 1099-OID return information 
  • Use GetPDF method to return the link to the Form 1099-OID in PDF format. Webhook has to be set up for this.

Services we offer:

  • Federal & State Filing - TaxBandits supports the e-filing of 1099-OID with both the IRS and States.
  • Postal Mailing - The recipient copy of Form 1099-OID will be distributed via Postal Mail.
  • Online Access - The digital copies of Form 1099-OID will be made available for the corresponding recipients online.