Vermont State 1099 Tax Filing

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 1099-R

In addition to Forms 1099, Vermont requires Form WHT-434Annual Withholding Reconciliation, to be filed. If submitting a paper filing, a form 1096 must be included as well.

How must Forms 1099 be filed with Vermont?

Vermont accepts both paper filing and e-filing. However, if filing 25 or more forms 1099, then filing electronically is required.

Does Vermont participate in Combined Federal/State Filing?

No, Vermont does not participate in Combined Federal/State Filing. Contact the Vermont Department of Taxes for further information regarding how to file with the state.

Please note: Vermont Withholding Account Number is required in position 663-722 of the B record.

What are the deadlines for Vermont 1099 Reporting?

Traditionally, the filing deadlines for Vermont are as follows:

  • Form WHT-434 – January 31st
  • Forms 1099 – January 31st

If these deadlines fall on a weekend or legal holiday, then the due date is typically the following business day.

What are the 1099 penalties for Vermont?

The 1099 penalties for Vermont are as follows:

  • Late filing: Penalty of 5% of tax due per month late.
    • Minimum penalty of $50 regardless of tax due if return is more than 60 days late.
    • Maximum penalty of 25% of tax due.
  • Late Payment: Penalty of 5% of tax due per month.
    • Maximum penalty of 25% of tax due.
  • Fraud/Willfully intending to defeat or evade tax: Penalty of 100% of unpaid tax.
  • Interest may also apply for each month that not filed/paid.

See the Vermont Interest and Penalties webpage for more information.

What is the responsible state agency?

Vermont Department of Taxes
133 State Street
Montpelier, VT 05633
(802) 828-2505

What about other states?

Alabama Florida Louisiana Nebraska Oklahoma Vermont
Alaska Georgia Maine Nevada Oregon Virginia
Arizona Hawaii Maryland New Hampshire Pennsylvania Washington
Arkansas Idaho Massachusetts New Jersey Rhode Island West Virginia
California Illinois Michigan New Mexico South Carolina Wisconsin
Colorado Indiana Minnesota New York South Dakota Wyoming
Connecticut Iowa Mississippi North Carolina Tennessee
Delaware Kansas Missouri North Dakota Texas
District of Columbia Kentucky Montana Ohio Utah

BoomTax, The Boom Post, and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors prior to engaging in any transaction.

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