Mississippi 1099 Filing Requirements
The State of Mississippi Mandates
1099 Filing!
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Mississippi State Filing
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Mississippi 1099 Reporting Requirements
The State of Mississippi mandates filing Form 1099 with the state agency under the following conditions:
| Scenario | If there is any Mississippi State Tax Withholding | If there is no Mississippi State Tax Withholding |
|---|---|---|
| Payments Threshold | More than $0 | More than $600 |
| Due Date | February 28, 2025 | February 28, 2025 |
| Filing Method | Direct State Filing | CF / SF |
| Additional Form | Annual Information Return Form 89-140 | Not required |
The State of Mississippi requires the following Forms:
- Form 1099 (1099-NEC, 1099-MISC, 1099-K, 1099-INT, 1099-DIV, 1099-R, 1099-B, 1099-G, 1099-OID, and W-2G)
- Form W-2 - Wages and Tax Statement. Learn more about Mississippi W-2 State Filing Requirements.
TaxBandits supports Form 1099 and W-2 filing with both the Federal and State.
Frequently Asked Questions
Does Mississippi require 1099 filing?
Yes, the Mississippi Department of Revenue mandates the filing of 1099 Forms for payment made to residents or nonresidents:
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You must file 1099 forms directly with the state
- If there is any state tax withholding.
- If there is no state tax withholding and the total reportable payment exceeds $600 annually in dividends, interest, rents, royalties, annuities, pensions premiums, corporate liquidations and other fixed income.
What types of 1099 forms does Mississippi require?
Mississippi requires the filing of the following 1099 forms:
Does Mississippi require any additional forms to be submitted when filing 1099 forms?
Yes. The state of Mississippi expects you to submit additional forms based on the type of filing.
- When you file 1099s electronically, you don’t have to file any additional forms.
- If you choose to paper file 1099, you should submit both 1096 and Form 89-140 to the state.
When is Mississippi 1099 due?
The deadline to file 1099s and Form 89-140 with Mississippi is February 28. Form 89-140 should be filed on or before February 28. If you fail to file on time, the State Department will impose penalties. If the deadline falls on a weekend or federal holiday, the business next day is the deadline.
Can I electronically file 1099 forms with Mississippi?
Yes, the state of Mississippi supports the electronic filing of 1099s. It is mandatory to e-file with the state when filing 25 or more 1099s.
E-filing is the best option for hassle-free filing. If you prefer e-filing, TaxBandits is here to help you with that. We support all 1099s with the state of Mississippi. Plus, we distribute 1099 form copies to payees via postal mail
What are the 1099 penalties for Mississippi?
The State of Mississippi imposes 1099 penalties & interests for the following:
- Late filing of 1099 or not filing at all
- Paying the taxes late
- Failure to furnish employee copies
- Intentional disregard of filing requirements
| 1099 | Penalties & Interests |
|---|---|
| Late filing or not filing at all | $5/return with a minimum of $250 and a maximum of $10,000 |
| Paying the taxes late | The penalty is 10% of your unpaid taxes. Interest is 1% of your unpaid taxes per month, and it will be calculated from the time it is due until you pay it. |
| Not furnishing form copies to employees | $5/return with a minimum of $250 and a maximum of $10,000 |
| Intentional Disregard | $25/return with a minimum of $250 and a maximum of $10,000 |
Learn more about Form 1099 penalties.
Where do I mail 1099 forms when filing with the state of Mississippi?
You should only mail 1099 copies when you paper file. Paper filing is acceptable only when filing less than 25 returns. For 25 or more returns, you must electronically file. Usually, e-filing is the most convenient way to file your tax returns with the IRS and state. When you e-file, you can easily track your returns from anywhere.
If you still want to file 1099 forms by paper, send the forms with a copy of 1096 & Form 89-140 to the following address:
Withholding Tax Division,
P.O. Box 23058
Jackson, MS 39225-3058
For more information, please visit the State website: https://www.dor.ms.gov/
