Form 1099 Information
Our leaseholders and business partners are important to us. We value our relationship with you and want to answer your Form 1099 questions in a prompt, informative and helpful manner.
If you should have any questions regarding your Form 1099, please contact us at 1-866-566-4747 for assistance.
The 1099 form is used to report royalty, production and rental payments annually. We mail the forms by January 31 of each year, to persons who meet the reporting requirements established by the Internal Revenue Service (IRS).
The IRS does not require 1099 forms for:
- Royalty income of less than $10 in a year.
- Rental income of less than $600 in a year.
- Production payments of less than $600 in a year.
- Corporations, not for profits, municipalities, governments.
If you receive your form 1099 from Fortuna and notice any errors in either your name or taxpayer ID please submit an updated form W-9 by downloading the form below or by calling us at 1-866-566-4747 to request that one be mailed to you.
