Florida 1099-K Filing
Requirements 2024
Meet your Florida 1099-K filing requirements efficiently with TaxBandits!
Lowest Pricing in the Industry - E-file at just $0.70/form
Simplify Your Florida 1099 Filing
with TaxBandits
- E-file your Florida 1099 in minutes
- Supports Florida 1099 Corrections - Easily correct, print, and mail to the state
- Retransmit rejected Florida 1099 returns at no extra cost
Florida 1099 Filing Criteria
The State of Florida mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
| Florida State Required 1099 Forms | Form 1099 K |
|---|---|
|
Criteria 1 If there is Florida state tax withheld |
Payment Threshold: More than $0 Filing Method: Direct State Filing Additional Form: Not Required Deadline: 30 days after the federal 1099-K due date (April 30, 2025) Pricing: 1099 State filing- $0.70/form |
|
Criteria 2 If there is no Florida state tax withheld |
Payment Threshold: Follows Federal Threshold Filing Method: Direct State Filing Additional Form: Not Required Deadline: 30 days after the federal 1099-K due date (April 30, 2025) Pricing: 1099 State filing- $0.70/form |
Ready to E-file the 1099 Form with the Florida State?
Information Required to File 1099 Forms with Florida
1. State/Payer’s state number
The payer's state identification number refers to the Florida Withholding Tax Account Number.
Florida State ID Format: 9 digits (Eg: 999999999)
2. Florida state income
The total amount of taxable income that is subject to Florida state income tax.
3. Florida state tax withheld
The total amount of state income taxes withheld from the recipient's income.
TaxBandits – Simplifying Florida State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Florida Department of Revenue, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits offers the most affordable solution for Florida 1099 filings, saving you both time and money.
State Filing Guidance
TaxBandits provides step-by-step instructions to complete the 1099 e-filing process from start to end effortlessly.
State Form PDFs
Easily access and download Florida 1099 form PDFs for filing corrections or record-keeping purposes.
Free Resubmissions
If your 1099 forms are rejected by the Florida Department of Revenue, you can correct errors and resubmit them for free.
Start filing your Florida 1099 returns with TaxBandits by creating an account!
How to File 1099 with TaxBandits?
Create your free account and follow these simple steps to effortlessly e-file your 1099 with the federal and the state of Florida!
-
Step 1: Choose Form 1099
Select the type of 1099 form you want to file.
-
Step 2: Enter Form 1099 details
Complete the form using manual entry or other bulk import options. Ensure you complete the state-specific fields.
-
Step 3: Enter State Filing Information
Provide the required Florida state details for Form 1099.
-
Step 4: Choose Distribution Options
Opt for our distribution services – Postal Mailing, Online Access, or BanditComplete.
-
Step 5: Review and Transmit
Review your form and transmit it to the IRS and state agencies.
Are you ready to begin e-filing your 1099 Form with Florida State? File in minutes with TaxBandits!
Frequently Asked Questions
Does Florida require 1099 filing?
Yes, the Florida Department of Revenue requires the filing of Form 1099-K if it is filed with the federal government, irrespective of state tax withholding.
Does Florida have a specific payment threshold for filing Form 1099-K?
There is no specific threshold for filing Form 1099-K in the state of Florida. Reporting requirements in the state align with the IRS threshold guidelines, that is:
- Payment settlement entities must file Form 1099-K if the payment received through third-party network transactions is more than $20,000 and there were over 200 transactions during the year.
What types of 1099 forms does Florida require?
The State of Florida only requires the filing of Form 1099-K. The state does not mandate the filing of any other types of 1099 forms.
Does Florida require additional forms when filing Form 1099-K?
No, the State of Florida does not require any additional Forms to be filed along with the Form 1099-K.
What are the Florida 1099-NEC filing requirements?
The Florida Department of Revenue does not require filing Form 1099-NEC or any other 1099 forms (except 1099-K) with the state.
When is Florida 1099-K due?
The deadline to file Form 1099-K with Florida is 30 days after the federal 1099-K due date, which falls on April 30th. If the due date falls on a weekend or federal holiday, the next business day is the deadline.
Can I electronically file Form 1099-K with Florida?
Yes, you can electronically file your Form 1099-K with the state of Florida. In fact, it is the only filing method accepted by the state of Florida.
What are the penalties for not filing Form 1099-K with Florida?
A penalty of $1,000 per month, up to a maximum of $10,000 per year, may be imposed for failure to file the Form 1099-K within the due date.
For more information, please visit the State website:
https://floridarevenue.com/taxes/compliance/Pages/reporting1099k.aspx
