Form 1097-BTC is used to report tax credit distributed to each recipient by bond issuers or agents such as nominee, broker, mutual bond, etc.
Tax Year 2026 Form 1097-BTC Filing
File Form 1097-BTC Online for 2026
Report bond tax credits with a streamlined information return filing workflow. Prepare Form 1097-BTC records, review recipient details, and organize your bond tax credit reporting in one place with TaxZerone.
✓IRS-authorized
✓SOC 2 Type II
✓Bond Tax credit
✓Secure Recipient Copies
CORRECTED (if checked)
FORM 1097-BTC ISSUER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no.
FORM 1097-BTC ISSUER'S TIN
RECIPIENT'S TIN
RECIPIENT'S name
Street address (including apt. no.)
City or town, state or province, country, and ZIP or foreign postal code
Form 1097-BTC issuer is:
Issuer of bond or its agent filing current year Form 1097-BTC for credit being reported
An entity or a person that received or should have received a current year Form 1097-BTC and is distributing part or all of that credit to others
1 Total
$
OMB No. 1545-2197
Form1097-BTC
(Rev. April 2025)
2a Code
For calendar year
2b Unique identifier
3 Bond type
4
5a January
$
5b February
$
5c March
$
5d April
$
5e May
$
5f June
$
5g July
$
5h August
$
5i September
$
5j October
$
5k November
$
5l December
$
6 Comments
Bond
Tax
Credit
Copy B
For Recipient
This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if an amount of tax credit exceeding the amount reported on this form is claimed on your income tax return.
Form1097-BTC(Rev. 4-2025)
(keep for your records)
www.irs.gov/Form1097BTC
Department of the Treasury - Internal Revenue Service
Start at just $2.49, with bulk filing prices as low as $0.59 per form.
✦Bulk upload✦TIN matching✦Data validation✦Federal e-filing✦State filing✦Schedule filing✦ZeroneVault delivery✦Print and mail✦Bulk upload✦TIN matching✦Data validation✦Federal e-filing✦State filing✦Schedule filing✦ZeroneVault delivery✦Print and mail
1097-BTC Basics
What is Form 1097-BTC?
Form 1097-BTC, Bond Tax Credit, is an IRS information return used to report tax credits allowed to holders of certain tax credit bonds. Bond issuers, their agents, and eligible recipients that redistribute bond tax credits may need to file this form.
The form reports the recipient's identifying information, bond details, monthly credit amounts, and total annual credit where applicable. Recipients use the information when determining how to report the credit on their tax returns.
Zee can help to File 1097-BTC
Form 1097-BTC
2026
Recipient
John Doe
TIN
XXX-XX-1234
Box 1, Total
$45,000.00
Box 2a, Code
07
Box 2b, Unique identifier
BOND-2026-001
Box 3, Bond type
199
✓ Ready for filing
Filing Basics
Who needs to file Form 1097-BTC and who receives it?
Understand which organizations must report bond tax credits and which recipients receive the corresponding statements.
Who Must File Form 1097-BTC?
Form 1097-BTC may need to be filed by:
- Issuers of certain tax credit bonds or their agents
- Brokers and nominees distributing bond tax credits
- Mutual funds that redistribute applicable credits
- Partnerships and other eligible entities that pass bond tax credits to recipients
Who Receives Form 1097-BTC?
Recipients may include individuals or organizations entitled to applicable tax credits from qualifying bonds, including:
- Holders of qualifying tax credit bonds
- Investors receiving distributed bond tax credits
- Investors receiving credits through eligible intermediaries
- Other eligible recipients of distributed or stripped bond credits
Important Dates
When are Form 1097-BTC statements due for
the Tax Year 2026?
Keep track of quarterly recipient statements and the annual filing schedule. Verify dates against the current IRS guidance.
MARCH 2027
WEDNESDAY
31
Filing Deadline
First-Quarter Recipient Statements
May 15, 2027
For applicable credit amounts from January through March.
Second-Quarter Recipient Statements
August 17, 2027
For applicable credit amounts from April through June.
Third-Quarter Recipient Statements
November 16, 2027
For applicable credit amounts from July through September.
Annual Recipient Statements
February 16, 2027
Reports applicable credit amounts for the full 2026 calendar year, including October through December.
Electronic Filing
March 31, 2027
File Form 1097-BTC with the IRS electronically by the applicable deadline.
Stay ahead of the 2026 filing season by preparing payee information and reviewing settled payments before the deadline.
Explore 1097-BTC DeadlinesNeed an Extension to File with the IRS?
Request an extension to file Form 1097-BTC with the IRS electronically using Form 8809.
Need an Extension to Furnish Recipient Copies?
Request an extension to furnish Form 1097-BTC recipient copies using Form 15397.
Filing Requirements
What Information do you need to file Form 1097-BTC?
Have these details ready before you start preparing Form 1097-BTC returns.
Issuer Information
- Issuer's legal name
- Applicable taxpayer identification number
- Business mailing address
- Telephone number, where required
Recipient Information
- Recipient's legal name
- Recipient's taxpayer identification number
- Recipient's mailing address
- Applicable identifying details
Bond and Credit Information
- Applicable bond type and identifier
- Monthly credit amounts
- Total applicable credit amount
- Other required form entries
How it Works
How do you E-file Form 1097- BTC Online?
Follow an organized workflow from preparing bond credit records to reviewing the return and managing required statements.
STEP 01
Enter or Upload
Gather issuer and recipient details, bond identifiers, and applicable monthly credit amounts. Use file imports only if supported for this form.
STEP 02
Review & Validate
Check taxpayer identification details, credit calculations, and required fields. Correct missing or inaccurate information before submission.
STEP 03
E-file & Deliver
Submit Form 1097-BTC electronically to the IRS, manage applicable state reporting, and deliver winner statements through ZeroneVault or postal mail.
1097-BTC Filing Features
What features can help simplify Form 1097-BTC Filing?
Organize bond tax credit reporting with a consistent process for preparing information, reviewing details, and managing reporting tasks.
Bulk upload
Import multiple issuer or recipient records using supported spreadsheet formats, if bulk upload is available for this form.
Data Validation
Review identifying information and required fields to help identify incomplete or potentially inaccurate entries.
TIN Matching
Check taxpayer identification information where the service and IRS eligibility requirements permit. TIN Matching does not guarantee an error-free return.
Corrected Returns
Prepare and submit corrected forms when previously filed
Federal filing
Electronically submit Form 1097-BTC to the IRS and manage your filing status.
Schedule and Track
Prepare forms in advance and schedule submissions for a later date, where available.
Recipient Statements
Deliver recipient copies electronically through ZeroneVault or choose postal mailing for physical copies.
Secure Information Handling
Protect sensitive bondholder and tax credit information with secure handling throughout the Form 1097-BTC filing and recipient delivery process.
Schedule filing
Can You Schedule Form 1097-BTC Filing in Advance?
Prepare your reporting information early and organize upcoming filing tasks. Schedule submission only if the filing service supports Form 1097-BTC.
Gather issuer and recipient details ahead of deadlines
Verify bond identifiers and monthly credit amounts.
Review the annual total and required fields.
Plan recipient statement delivery in advance.
Keep filing confirmations and supporting records.
Filing Schedule
MARCH 2027
M
T
W
T
F
S
S
29
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Prepared
Scheduled
Recipient Copies
How can you deliver Form 1097-BTC copies
to Recipients?
Furnish required recipient statements on time using an eligible delivery method and follow
the applicable IRS electronic furnishing rules.
Secure Delivery via ZeroneVault
✓
Online Access: Recipients can access their statements electronically, where supported.
✓
Protected Delivery: Help safeguard sensitive recipient information.
✓
Download and Print: Recipients can save or print their statements.
Traditional Postal Mailing
✓
Printed Statements: Provide paper copies to winners.
✓
Mailing Service: Simplify physical statement delivery.
✓
Deadline Planning: Arrange mailing in advance to help meet recipient delivery deadlines.
Form 1097-BTC Pricing
Calculate Your Form 1097-BTC Filing Cost
Enter your number of Form 1097-BTC forms and see your estimated filing cost instantly. Add optional services if needed.
Form 1097-BTC E-filing
Price per form
| Number of Forms | Price per form |
|---|---|
| 1 to 25 | $2.49 |
| 26 to 50 | $1.99 |
| 51 to 100 | $1.59 |
| 101 to 250 | $1.29 |
| 251 to 500 | $1.09 |
| 501 to 1000 | $0.79 |
| 1001 and above | $0.59 |
How many forms are you filing?
Add optional Services
pay only what you need
State Filing
File Form 1097-BTC forms with applicable states
$0.99/form
$0.99
Print & Mail
Mail physical Form 1097-BTC copies to employees.
$1.75/form
$1.75
ZeroneVault
Securely deliver employee Form 1097-BTC copies electronically.
$0.50/form
$0.50
Forms
1 × $2.49
Selected add-ons
None
Add-on cost
$0.00
Total Price
Based on your selected services
$2.49
Customer Reviews
How does TaxZerone Simplify For 1097-BTC Filing?
Discover how customers appreciate TaxZerone’s easy-to-use filing process, responsive customer support, and simple data entry for information returns.
Reviews 5.0
Reviews 5.0
“Easy to use and inexpensive."
Jim Olds
“Easy to use and helped me with the return by showing me errors I needed to fix.”
Susan Donald
“Clear, concise steps to get the return entered and e-filed.”
Faustine Byard-Dye
Get Started
Ready to organize your Form 1097-BTC Reporting?
Gather your bond credit information, review reporting requirements, and prepare for your applicable filing and recipient statement dates.
FAQs
What are the most common Questions about Form 1097-BTC
Find answers about bond tax credit reporting, filing obligations, recipient statements, and IRS requirements.
The below mentioned bonds should be reported on this form.
- New clean renewable energy bonds
- Qualified energy conservation bonds
- Qualified zone academy bonds
- Qualified school construction bonds
- Clean renewable energy bonds
- Build America bonds (Tax Credit).
Paper filing: The last date to file this form to IRS using the paper filing method is February 28 for the calendar year tax credits are distributed.
Electronic Filing: The deadline to file the form electronically is March 31. This applies to the calendar year in which the tax credit was distributed.
For Recipients:
- Q1 (January to March) – May 15
- Q2 (April to June) – August 15
- Q3 (July to September) – November 15
- Q4 (October to December) – February 15
These dates may change due to weekends or federal holidays.
Yes, for late filings IRS may impose a penalty. It is important to file and pay the taxes on time to comply with IRS.
After 30 days of deadline: $60 per information return to the maximum penalty of $683,000 per year ($239,000 for small businesses)
More than 30 days but before August 1: $130 per information return to the maximum penalty of $2,049,000 per year ($683,000 for small businesses).
After August 1: $340 per information return to the maximum penalty of $4,098,500 per year ($1,366,000 for small businesses).
Form 1097-BTC is important for recipients to claim the credits on their tax returns. It gives transparency in credit distribution to IRS and recipient.