Questions about a particular Form 1099 for a certain tax year? This informative archive is your last stop to gather recipient information, get common errors, find out who receives a 1099 and more.
In a surprise QuickAlerts announcement, the IRS has stated that there is an error in Publication 1220 and that DC and PA should not be listed among the states that participate in combined federal/state filing (CF/SF). Error in CF/SF List From the QuickAlert: “The current version of Publication 1220, (rev. 10-2022) Specifications for Electronic Filing … Read more
Before you begin preparing Form 1099-DIV filing, it is important that you know what information you need. We’ve compiled the following 4 key topics in our Form 1099-DIV Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-DIV? The 1099-DIV and instructions have been updated recently from an … Read more
Before you begin preparing Form 1099-INT filing, it is important that you know what information you need. We’ve compiled the following 4 key topics in our Form 1099-INT Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-INT? The 1099-INT and instructions have been updated recently from an … Read more
Before you begin preparing your Form 1099-MISC reporting, it is important that you know what information you need to gather. We’ve compiled the following 4 key topics in our Form 1099-MISC Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-MISC? The 1099-MISC and instructions have been updated … Read more
On December 12, 2022, the IRS released early system specifications for the latest version of the Information Return Intake System, or IRIS, which is its e-file system for 1099 e-file information returns. This online system was made so that end users can e-file 1099 returns for free using a standard CSV file format or an … Read more
When preparing Form 1099-NEC filings, it is important that you know what information you need to gather. We’ve compiled the following 4 key topics in our Form 1099-NEC Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-NEC? (Jan. 2022 Rev.) The 1099-NEC and instructions have been updated … Read more
Does Arizona require state 1099 tax filing? Yes, Arizona requires any forms 1099 with state tax withholding to be filed with the state. How must Forms 1099 be filed with Arizona? Arizona accepts both paper filing and e-filing. Please note: Arizona only accepts Forms 1099-DIV, 1099-MISC, 1099-S and 1099-R electronically at this time. All other … Read more
During every tax year, the same question arises, “Is this person an employee or a contractor?” The Employee Vs Contractor classification is a critical part of filing and must be correct when it’s time to file and distribute forms to recipients. Incorrect forms can lead to the business being liable for employment taxes for that … Read more
In addition to IRS filing requirements, many states have Form 1099 Requirements as well. The Combined Federal/State Filing (CF/SF) Program was created and implemented to make filing certain information returns easier and simpler for the filer. What is the Combined Federal/State Filing Program? The CF/SF program was established to simplify information returns filing for payers. … Read more
Does Wyoming require state 1099 tax filing? No, Wyoming does not require state 1099 tax filing. Does Wyoming participate in Combined Federal/State Filing? No. Since Wyoming does not require state 1099 tax filing, no combined filing is necessary. What is the responsible state agency? Wyoming Department of Revenue122 W. 25th Street, 2nd Floor WestCheyenne, WY … Read more
Does Wisconsin require state 1099 tax filing? Yes, Wisconsin requires 1099-NEC, 1099-MISC, and 1099-R forms to be filed with the Wisconsin Department of Revenue. Which forms does Wisconsin require? In addition to Forms 1099, Wisconsin requires Form WT-7, Employer’s Annual Reconciliation of Wisconsin Income Tax Withheld to be filed directly with the state. How must … Read more
Does West Virginia require state 1099 tax filing? Yes, West Virginia requires all 1099s reporting state income tax withholding to be filed with the West Virginia State Tax Department. Which forms does West Virginia require? This may include the following forms: In addition to Forms 1099, West Virginia requires Form IT-103, West Virginia Withholding Year End Reconciliation, to … Read more
Does Virginia require state 1099 tax filing? Yes, Virginia requires all 1099s reporting state income tax withholding to be filed with the Virginia Tax. Which forms does Virginia require? In addition to Forms 1099, Virginia requires Form VA-6, Employer’s Annual or Final Summary of Virginia Income Tax Withheld Return, to be filed. How must Forms 1099 be filed with Virginia? Virginia … Read more
Does Washington require state 1099 tax filing? No, Washington does not require state 1099 tax filing. Does Washington participate in Combined Federal/State Filing? No. Since Washington does not require state 1099 tax filing, no combined filing is necessary. What is the responsible state agency? Washington Department of RevenueP.O. Box 47450Olympia, WA 98504-7472(800) 647-77 What about … Read more
Does Vermont require state 1099 tax filing? Yes, Vermont requires all 1099s to be filed with the Vermont Department of Taxes if there are state tax withheld and/or if recipient is a Vermont state resident. Which forms does Vermont require? This may include the following forms: 1099-B 1099-MISC 1099-DIV 1099-NEC 1099-G 1099-OID 1099-INT 1099-PATR 1099-K … Read more