GenerateFromTxns

GenerateFromTxns

By using the Form1099Transactions endpoint, you can record payouts and transactions made to recipients throughout the year. At the end of the year, you can use the GenerateFromTxns endpoint to generate the applicable 1099-NEC forms for each recipient based on the transactions recorded.

You must include the corresponding BusinessId and RecipientIds in the request JSON. Based on the transactions recorded for those recipients, the system will automatically generate the 1099-NEC forms.

In the response, you’ll receive a SubmissionId and RecordIds, which serve as references for all the other 1099-NEC API endpoints.

Other methods to generate 1099 forms

With the TaxBandits API, you can also generate 1099 forms in the following ways:

• TaxBandits UI: You can access TaxBandits UI (https://secure.taxbandits.com/login) to generate 1099 forms on your own, based on the transactions recorded. Use your Developer Console credentials to log in. See how

• Auto-generate: Tax Bandits will automatically generate 1099-NEC for the payee when the total amount for ‘B1NEC’ in the posted transactions reaches the IRS threshold ($600). Once generated, you’ll have the option to review and approve the forms.

Note: If the total ‘B1NEC’ amount for posted transactions is below the $600 threshold, you can still generate the form manually if needed.

POST Form1099NEC/GenerateFromTxns 

Run in Postman

Request Body

Field	Type	Description
TaxYear	string	Tax year of Form 1099-NEC to be filed. Allowed values "2023","2024","2025"
Business	object	Payer Information. Either PayerRef, BusinessId or TIN is mandatory.
PayerRef	string	Optional A unique identifier of the payer given by you. Size Range: ..50
BusinessId	Guid	Optional A unique identifier of the payer generated by TaxBandits.
TINType	string	TIN Type of the business. Allowed values "SSN", "EIN"
TIN	string	Taxpayer Identification Number of the business. Size Range: 9
Recipients	object[]	Recipient Information.
PayeeRef	string	Optional A unique identifier of the recipient given by you. Size Range: 4..20
RecipientId	Guid	Optional A unique identifier of the recipient generated by TaxBandits.

Response Body

Field	Type	Description
SubmissionId	Guid	A unique identifier of a submission.
BusinessId	Guid	TaxBandits A unique Business Identifier.
PayerRef	string	A unique identifier of the payer set by you.
Form1099NECRecords	object	Lists the 1099-NEC forms generated
SuccessRecords	object[]	It will show the detailed information about the 1099-NEC forms generated.
PayeeRef	string	A unique identifier of the recipient set by you.
NoOf1099	number	Shows the number of 1099NECs generated.
RecipientId	Guid	A unique identifier of the recipient generated by TaxBandits
RecordId	Guid	A unique identifier of the 1099-NEC form generated by TaxBandits. Use this as a future reference to Approve, Update, Delete and Transmit.
FederalReturn	object	Federal return information
Status	string	Federal return status.
StatusTs	string	Status timestamp.
Info	string	Additional information on the Federal return (If any)
ErrorRecords	object[]	Contains the list of errors
PayeeRef	string	A unique identifier of the recipient set by you.
RecipientId	Guid	A unique identifier of the recipient generated by TaxBandits.
Errors	object[]	Shows detailed error information
Id	string	Returns the validation error ID
Name	string	Name of the validation error
Message	string	Description of the validation error
Errors	object[]	Shows the detailed error information
Id	string	Validation error ID
Name	string	Name of the validation error
Message	string	Description of the validation error

Request JSON

{
 "TaxYear": "2024",
 "Business": {
   "PayerRef": "1473",
   "BusinessId": null,
   "TINType": null,
   "TIN": null
 },
 "Recipients": [
   {
     "PayeeRef": "2a-ed6789896",
     "RecipientId": "87626E20-75B2-4CB5-A2AC-B65C0105FA5C"
   },
   {
     "PayeeRef": "Alex9608912",
     "RecipientId": "A6316079-C3F9-4AAD-BA99-6DF71F635AD3"
   }
 ]
}

Response JSON

Success Response - This is a sample response for successful API requests.

{
 "SubmissionId": "8f5c57ec-5c9e-4dee-a650-e79eeb087e4c",
 "BusinessId": "1cc352d4-6d91-4fd5-a886-7b59b9fbe2e8",
 "PayerRef": "1473",
 "NoOf1099": "2",
 "Form1099NECRecords": {
   "SuccessRecords": [
     {
       "PayeeRef": "2a-ed6789896",
       "RecordId": "5ef596cc-70e2-4258-885c-e5e18d48fa70",
       "RecipientId": "87626E20-75B2-4CB5-A2AC-B65C0105FA5C",
       "NECBox1": "10000",
       "NECBox4": "2000",
       "FederalReturn": {
         "Status": "CREATED",
         "StatusTs": "2025-10-14 10:58:19 +05:30",
         "Info": null
       }
     },
     {
       "PayeeRef": "Alex9608912",
       "RecordId": "5ef596cc-70e2-4258-885c-e5e18d48ff78",
       "RecipientId": "A6316079-C3F9-4AAD-BA99-6DF71F635AD3",
       "NECBox1": "10000",
       "NECBox4": "2000",
       "FederalReturn": {
         "Status": "CREATED",
         "StatusTs": "2025-10-14 10:58:19 +05:30",
         "Info": null
       }
     }
   ],
   "ErrorRecords": null
 },
 "Errors": null
}