1099-MISC Forms are used to report miscellaneous income to the IRS. Form 1099-MISC must be used when reporting amounts paid to individuals, other than those for salaries and wages, if those payments exceed $600 for the year. The date for filing 1099-MISC forms is the same as those for the IRS W-2, Wage and Tax Statement.
Which 1099-MISC Forms Do I Need?
Copy A - For Internal Revenue Service Center
Copy 1 - For State Tax Department
Copy B - For Recipient
Copy 2 - To be filed with recipient's state income tax return, when required
Copy C - For Payer
1099-MISC Form Changes for Tax Year 2012
Foreign agricultural workers — Compensation of $600 or more paid in a calendar year to an H-2A visa agricultural worker and any backup withholding must be reported on Form 1099-MISC if the worker fails to provide the employer with a taxpayer identification number. If the worker does furnish a valid taxpayer identification number, report the payments on Form W-2.
Due Dates for 1099-MISC Forms
| To IRS | To State Agency | To Recipient |
|
Paper: February 28 E-File: March 31 |
State Filing Deadlines |
January 31 March 15 for reporting by trustees and middlemen of WHFITs. |
* If date shown falls on a Saturday, Sunday or legal holiday, the due date is the next business day.
