1099-CAP E-File Compliance Software

A domestic corporation that is required to file Form 8806, Information Return for Acquisition of Control or Substantial Change in Capital Structure, must file Form 1099-CAP with the IRS and furnish a copy to each shareholder who receives cash, stock, or other property as a result of the acquisition of control or substantial change in capital structure and who is not an exempt recipient. However, if the corporation can reasonably determine that the receipt of such stock would not cause the shareholder to recognize gain, then the corporation is not required to report the fair market value of any stock provided to a shareholder.

Account Ability 1099-CAP Compliance Software

Account Ability Tax Form Preparation Software

Imports spreadsheets and delimited text files

Matches recipient's TIN/Name against IRS records

Includes Electronic Reporting (E-File)

Prepares recipient copies on ordinary copy paper

Prepares recipient copies on preprinted forms

Supports an unlimited number of filers

The Integrated Browser facilitates the entire E-File process

Includes free and unlimited technical support

Supports the entire family of information returns

Check out the full list of features

Try Account Ability for Free today

Contact a sales representative at 888-IDMSINC (436-7462)