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    Alta Star HUD LITE - Automated Real Estate Closing Software

When you print a Hud-1 Settlement Statement, a substitute IRS form 1099-S is automatically printed on the bottom of the Hud-1 form.

In order to file Copy A of form 1099-S with IRS, Alta Star HUD LITE prints information from the Hud-1 form onto blank IRS 1099-S forms. Copy A of form 1099-S (to be filed with IRS) must be printed on original blank IRS forms. Laser substitutes or photocopies of form 1099-S are not acceptable to IRS and there is a penalty for using an unacceptable substitute. IRS forms are available free of charge. Click here for Information on form 1099-S including ordering blank forms.

 

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Alta Star Software, Inc.  7700 N. Kendall Dr. Suite 612 Miami, FL 33156 (877) 279-8898 Email:  questions@altastar.com