State Filing Requirements In 2024, 1099s are due on For Form 1099-NEC, the 1099 deadline is January 31, 2024 (Non-Employee Compensation). By January 31, copies A and B must be delivered to the IRS and contractors. Other Forms 1099 & 1096 must be submitted by February 28, 2024, if on paper, or March 31, 2024, if submitted electronically.
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The 1099 deadlines will become more pressing as 2024 gets near. As a responsible employer, it’s critical to create and distribute 1099s to the recipients and submit them promptly and accurately to the IRS. 1099 Expiration Dates 2024 Before the 1099 deadlines, employers or small business owners must complete and submit the necessary 1099 forms to the IRS to avoid paying steep fines for incomplete or inaccurate forms. You can use the following table to help you keep track of all the 1099 deadlines for 2024, including those for mailing tax forms to contractors and mailing or electronically submitting them to the IRS.
| Form | 1099 Due Date to Recipients | Filing to IRS By Mail | E-Filing to IRS |
| 1099 NEC | January 31, 2024, | January 31, 2024, | January 31, 2024 |
| 1099-MISC (No Data in Boxes 8 or 10) | January 31, 2024, | February 28, 2024, | March 31, 2024 |
| 1099-MISC (With Data in Boxes 8 or 10) | February 15, 2024, | February 28, 2024, | March 31, 2024, |
| 1099-B & 1099-S | February 15, 2024, | February 28, 2024, | March 31, 2024 |
| 1099-INT | January 31, 2024, | February 28, 2024, | March 31, 2024 |
| 1099-DIV | January 31, 2024, | February 28, 2024, | March 31, 2024, |
| 1099-R | January 31, 2024, | February 28, 2024, | March 31, 2024, |
A 1099 Tax Form: What Is It?
The corporation must send the independent contractors a 1099 tax form, sometimes known as “Information Returns,” if it paid them more than $600 in 2022. The most popular 1099 forms are the 1099-MISC, 1099-NEC, 1099-INT, 1099-S, 1099-R, and 1099-DIV because there are numerous different types of 1099 forms.
Penalties for Filing Late Depending on how late the forms were submitted, the fines per missing 1099 tax form might be anywhere from $50 and $580.
| Penalty per Form | Length of Delay |
| $50 | Up to 30 days late |
| $110 | More than 30 days late but before August 1st, 2024 |
| $290 | Filing on or after August 1st, 2024 |
| $580 | Intentionally neglecting to file |
The total penalty for small enterprises is $1,177,500*. If your average yearly revenue for the previous three tax years was $5 million or less, the IRS would always classify you as a small business.
Required New State Filings
1099-series Combined State/Federal Program
Alabama, Arizona, Arkansas, California, Colorado, Delaware, Georgia, Hawaii, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, South Carolina, Vermont, Virginia, and Wisconsin are among the states that are included in this list.
States that don’t require the 1099-MISC filing:
Alaska, Florida, Illinois, Nevada, New Hampshire, North Carolina, New York, South Dakota, Tennessee, Texas, Washington, and Wyoming
States where you must file a 1099-MISC if you withheld taxes include Kentucky, Rhode Island, Utah, and West Virginia.
States that demand a separate 1099-MISC file or are ambiguous about what constitutes a timely filing:
Massachusetts, Pennsylvania, Oklahoma, Oregon, Washington, DC, Iowa, and We expect you to feel ready, knowledgeable, and motivated to file your 1099s. You may file 1099s with Checkmark’s 1099 tax software quickly and accurately. Depending on your needs, you can choose between the 1099 Print and 1099 E-file versions. For example, e-filing is required if you file 250 or more information returns for the calendar year. You can paper file with the IRS if less than 250 information returns are required.