The IRS is launching an online portal that will allow taxpayers to electronically file both small and large volumes of 1099 forms. This new portal, known as Information Return Intake System (IRIS), will launch January 2023 for tax year 2022. Users can use IRIS to prepare, distribute, and e-file 1099s—e.g., 1099-K, 1099-MISC, 1099-NEC—without software. #IdeaoftheDay