Reactive ion-beam sputtering has been used to prepare iron nitride over a wide composition range. It is found that the samples deposited at room temperature exhibit amorphous phase in the composition range from $12\phantom{\rule{0.3em}{0ex}}\mathrm{at}.\phantom{\rule{0.2em}{0ex}}%$ nitrogen to $23\phantom{\rule{0.3em}{0ex}}\mathrm{at}.\phantom{\rule{0.2em}{0ex}}%$ nitrogen. For samples deposited at liquid nitrogen temperature the system is amorphous up to $35\phantom{\rule{0.3em}{0ex}}\mathrm{at}.\phantom{\rule{0.2em}{0ex}}%$ nitrogen. Amorphization can be understood in terms of a frustration in the system due to a competition between $\ensuremath{\alpha}$ and $\ensuremath{\epsilon}$ phases. Kinetic constraints are also found to play a role in the amorphization process. M\"ossbauer measurements suggest that the local order in the amorphous phase consists of a mixture of $\ensuremath{\alpha}\text{\ensuremath{-}}\mathrm{Fe}$--like and $\ensuremath{\epsilon}\text{\ensuremath{-}}{\mathrm{Fe}}_{3}\mathrm{N}$--like short-range orders. On the iron rich side the amorphous phase exhibits two-step crystallization, with a primary $\ensuremath{\alpha}\text{\ensuremath{-}}\mathrm{Fe}$ phase precipitating out in the first step. Around $22\phantom{\rule{0.3em}{0ex}}\mathrm{at}.\phantom{\rule{0.2em}{0ex}}%$ nitrogen the system exhibits a single step isomorphous transformation to $\ensuremath{\epsilon}$ phase. Thus, amorphous iron nitride phases exhibit behavior very similar to the conventional transition metal-metalloid amorphous alloys. In the remaining composition range nanocrystalline phases are formed. The amorphous magnetic iron nitride phases are expected to have distinct advantages over their crystalline counterparts in terms of soft magnetic applications.