Minnesota 1099 Filing
Requirements 2024
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Minnesota 1099 Filing Criteria
The State of Minnesota mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
|
Minnesota
State
Required 1099 Forms
(Filing Criteria) |
Form 1099 NEC |
Other 1099 Forms
(Form 1099-MISC, K, INT, DIV, R, B, G OID, W-2G) |
|---|---|---|
|
Criteria 1 If there is Minnesota state tax withheld |
Payment Threshold: More than $0 Filing Method: Direct State Filing Additional Form: Not required Deadline: January 31, 2025 Pricing: 1099 State filing - $0.70/form |
Payment Threshold: More than $0 Filing Method: Direct State Filing Additional Form: Not required Deadline: January 31, 2025 Pricing: 1099 State filing - $0.70/form |
|
Criteria 2 If there is no Minnesota state tax withheld |
Payment Threshold: Follows Federal Threshold Filing Method: CF/SF program Additional Form: Not Required Deadline: January 31, 2025 Pricing: 1099 State filing- Free |
Payment Threshold: Follows Federal Threshold Filing Method: CF/SF program Additional Form: Not Required Deadline: January 31, 2025 Pricing: 1099 State filing- Free |
Ready to E-file the 1099 Form with the Minnesota State?
Information Required to File 1099 Forms with Minnesota
Discover the key information needed to file Form 1099 with the State of Minnesota.
1. State/Payer’s state number
The payer's state identification number refers to the Minnesota Withholding Tax Account Number.
Minnesota State ID Format: 7 digits (Eg: 9999999)
2. Minnesota state income
The total amount of taxable income that is subject to Minnesota state income tax.
3. Minnesota state tax withheld
The total amount of state income taxes withheld from the recipient's income.
E-file 1099 with Minnesota state in minutes using TaxBandits!
TaxBandits – Simplifying Minnesota State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Minnesota Department of Revenue, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits offers the most affordable solution for Minnesota 1099 filings, saving you both time and money.
State Filing Guidance
TaxBandits provides clear, step-by-step instructions for completing the state 1099 e-filing effortlessly without any unnecessary errors.
State Form PDFs
Easily access and download the 1099 form PDFs for filing corrections or record-keeping purposes.
Free Resubmissions
If the Minnesota Department of Revenue rejects your 1099 forms, you can correct errors and resubmit them for free.
Start filing your Minnesota 1099 returns with TaxBandits by creating an account!
How to File Form 1099 with the State of Minnesota?
Create your free account and follow these simple steps to effortlessly e-file your 1099 with the federal and the state of Minnesota!
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Step 1: Choose Form 1099
Select the type of 1099 form you want to file.
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Step 2: Enter Form 1099 details
Complete the form using manual entry or other bulk import options.
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Step 3: Enter State Filing Information
Provide the required Minnesota state details for Form 1099.
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Step 4: Choose Distribution Options
Opt for our distribution services – Postal Mailing, Online Access, or BanditComplete.
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Step 5: Review and Transmit
Review your form and transmit it to the IRS and state agencies.
Start e-filing your 1099 form for Minnesota today! TaxBandits makes it fast and easy!
Frequently Asked Questions
Does Minnesota require 1099 filing?
Yes, the Minnesota Department of Revenue mandates the filing of 1099 Forms.
- If there is any state tax withholding, you must file 1099 Forms directly with the state.
- If there is no state tax withholding, the IRS will automatically forward your federal 1099 forms to the state agency since Minnesota is part of the CF/SF program.
Does Minnesota have a specific payment threshold for Form 1099 filing?
There is no specific threshold for reporting 1099s with the state of Minnesota. Instead, their 1099 reporting requirements align with the federal guidelines. The payer should assess and file a Form 1099 based on each form's applicable federal threshold.
| 1099 Forms | Federal Threshold |
|---|---|
|
Form 1099-NEC Form 1099-MISC |
$600 |
| Form 1099-K | $5000 |
|
Form 1099-INT Form 1099-DIV Form 1099-R |
$10 for the amount reported on Boxes 1, 3, or 8 (or at least $600 of interest paid for trade or business) |
| Form 1099-B | - |
| Form 1099-G | - |
| Form 1099-OID | $10 |
| Form W-2G |
|
What are the 1099 forms that Minnesota requires?
Minnesota requires the direct filing of the following 1099 forms only if there is state tax withholding:
Does Minnesota require additional forms when filing 1099?
No. Minnesota doesn't require any additional forms to be filed along with the 1099 Forms.
When is Minnesota 1099 due?
The due date for filing Form 1099 with Minnesota is January 31. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
What are the requirements to file 1099 electronically with Minnesota?
Payers who are required to file 10 or more forms must file a 1099 electronically. It is also recommended for payers who are required to file less than 10 forms to file them electronically for faster processing.
What are the penalties for not filing or filing 1099 late with Minnesota?
- The Minnesota Department of Revenue may impose a penalty of $50 if the payer hasn’t filed a 1099 with the state (when there is a state withholding) or filed an incorrect/incomplete return, or failed to distribute the 1099 copy to the recipient.
- The maximum penalty is $25,000/year.
Where do I mail Minnesota 1099 forms?
Mail your Form 1099s to the following address.
Minnesota Revenue,
Mail Station 1173,
600 N. Robert St.
St. Paul, MN 55146-1173.
After filing 1099s, a PDF for state corrections will be available in TaxBandits. Download it and send it to the above-mentioned email.
For more information, Click here to learn about Minnesota 1099 filings.
