Delivers 1099-MISC forms with commission payments made by the airline to unincorporated agencies that have received $600 or more in commissions.
Submits 1099-MISC forms to the IRS via electronic filing, reporting commission payments made to unincorporated agencies by the February 28 deadline.
Provides a CD containing the information sent to the IRS, including a commission summary report listing agency code number, commission paid, etc.
Airlines can choose to amend their commission amounts paid to agents—and submitted to the IRS—by providing an adjustment file to ARC.
ARC’s centralized processing system already tracks the information for over 9,400 ARC-accredited agency locations needed to file 1099s, including commissions paid and changes of ownership, incorporation and taxpayer identification numbers, saving you the time and effort of monitoring this data.
ARC’s service prepares the complex information for IRS reporting, providing greater ease and less cost than it takes to develop individual tax filing programs, so you can focus on other important year-end processes and decisions.
Rest assured that you are reporting to the IRS using ARC’s accurate data and trusted process that delivers required information and meets submission deadlines, to avoid filing fines that amount to a minimum of $50 per agent location each tax year.
Get your questions answered, access additional resources or speak with an ARC representative.