1099-S Processing

1099-S - Serving Escrow Companies, Settlement Agents, and Closers

Designed for Escrow Companies, Settlement Agents, and Closers, our 1099-S Processing feature within FPS Summit offers  the convenience and filing accessibility you want with you having full control of your filings at all times. 

Our electronic retrieval and IRS filing insures timely submission.  It is significant to any organization, as the law requires the 1099-S.

We provide personal training, within Summit, on how to enter your filing information.  You will never be left alone with FPS Summit as our support team is always a phone call or click away to give you excellent one-on-one support.

IRS penalties can add up quickly if you do not submit timely and accurate filings.  FPS Summit provides the only tool you need to be in compliance.

For detailed Form 1099-S instructions Click here.


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FPS SUMMIT Provides (copy)

  • Training Class Schedule
  • E-Document Storage for 5 Years or more
  • Instant External Document Uploads
  • Load and Setup Software (onsite)
  • Superior Escrow Accounting Tools
  • Scan to Escrow Document Upload
  • Data/Email Encryption
  • Customizable Document Templates

FPS SUMMIT Automates

  • Long-term File Storage
  • Edited Documents
  • Record-keeping
  • Drag/Drop emails
  • Drag/Drop Attachments
  • Scan Direct to Open Escrow
  • Desktop icon Driven

FPS SUMMIT Solutions

  • Complete Closing Solution
  • Increased Efficiency
  • Better Record Management
  • The Best Escrow Accounting Solution
  • Reduced Costs
  • Expanded Customer Service - Automatic Weekly Status Reports