New Jersey 1099 Filing
Requirements 2024
Meet your New Jersey 1099 filing requirements efficiently with TaxBandits!
Lowest Pricing in the Industry - E-file at just $0.70/form
Simplify Your New Jersey 1099 Filing
with TaxBandits
- E-file your New Jersey 1099 in minutes
- Supports New Jersey 1099 Corrections - Easily correct, print, and mail to the state
-
Retransmit rejected New Jersey 1099 returns at
no extra cost
New Jersey 1099 Filing Criteria for 2024
The State of New Jersey mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
|
New Jersey State
Required 1099 Forms
(Filing Criteria) |
Form 1099 NEC |
Other 1099 Forms
(Form 1099-MISC, K, INT, DIV, B, G, R, OID, W-2G) |
|---|---|---|
|
Criteria 1 If there is New Jersey state tax withheld |
Payment Threshold: $1000 or More Filing Method: CF/SF program Additional Form: Form NJ-W-3M Deadline: February 15, 2025 Pricing: 1099 State filing - Free |
Payment Threshold: $1000 or More Filing Method: CF/SF program Additional Form: Form NJ-W-3M Deadline: February 15, 2025 Pricing: 1099 State filing - Free |
|
Criteria 2 If there is no New Jersey state tax withheld |
Payment Threshold: $1000 or More Filing Method: CF/SF program Not Required Not Required Deadline: February 15, 2025 Pricing: 1099 State filing - Free |
Payment Threshold: $1000 or More Filing Method: CF/SF program Additional Form: Not Required Deadline: February 15, 2025 Pricing: 1099 State filing - Free |
The State of New Jersey requires filing 1099 forms if the amount paid or credited is $1,000 or more in a calendar year or if any state income tax was withheld from the payment.
Ready to E-file the 1099 Form with the New Jersey State?
Information Required to File 1099 Forms with New Jersey
1. State/Payer’s state number
The payer's state identification number refers to the New Jersey withholding Tax Account Number
New Jersey state ID Format: 9 digits and slash or / followed by 3 digits (Eg: 99999999/999)
The state also accepts Federal TIN with a suffix of 3 Zeroes as the state ID number.
(Eg: 999999999000)
2. New Jersey state income
The total amount of taxable income that is subject to New Jersey state income tax.
3. New Jersey state tax withheld
The total amount of state income taxes withheld from the recipient's income.
If you’ve withheld New Jersey taxes, you must attach Reconciliation Form NJ-W-3M.
E-file with New Jersey State in minutes using TaxBandits!
State of New Jersey - Gross Income Tax Reconciliation of Tax Withheld
Form NJ-W-3M
Form NJ-W-3M is a Gross Income Tax Reconciliation used to report the annual filing requirements for employers or entities that withhold New Jersey Gross Income Tax from employee or recipient payments.
The following information is needed to complete Form NJ-W-3M:
- Total gross wages, pension and annuity income, and gambling winnings.
- Copy of Gross Income Tax Withheld From Unregistered Unincorporated Contractors.
- Preparer/Firm Identification Number
TaxBandits supports Form 1099 and W-2 filing with both the Federal and State.
TaxBandits – Simplifying New Jersey State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the state of New Jersey, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits provides a cost-effective solution for New Jersey 1099 filings, helping you save both time and money.
State Filing Guidance
TaxBandits guides you through the entire e-filing process with clear, step-by-step instructions, ensuring a seamless experience.
State Form PDFs
Effortlessly access and download New Jersey 1099 form PDFs for corrections or record-keeping.
Free Resubmissions
You can correct errors and resubmit your rejected 1099 forms to the New Jersey Division of Taxation at no cost.
Start filing your New Jersey 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 New Jersey!
-
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.
-
Step 3: Enter State Filing Information
Provide the required New Jersey 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 New Jersey State? File in minutes with TaxBandits!
Frequently Asked Questions
Does New Jersey require 1099 filing?
Yes, the NJ Division of Taxation mandates the filing of 1099 Forms.
- If there is any state tax withholding, you must file 1099 Forms since New Jersey is part of the CF/SF program
- If there is no state tax withholding and the payment or credit exceeds $1000, the IRS will automatically forward your federal 1099 forms to the state agency since New Jersey is part of the CF/SF program.
- The State Mandates e-filing when you file a 1099 with the state.
What types of 1099 forms does New Jersey require?
New Jersey requires the filing of the following 1099 forms:
Does New Jersey require additional forms when filing 1099 forms?
Yes, New Jersey requires the following Withholding Tax Reconciliation Form along with your 1099
- Form NJ-W-3M (Gross Income Tax Reconciliation of Tax Withhold) must be filed along with the respective 1099 forms
What is Form NJ-W-3M?
Form NJ-W-3M is a Gross Income Tax Reconciliation of Tax Withhold of State used to report income tax withheld per 1099s and paid during the year.
The State of New Jersey mandates E-filing of 1099s and reconciliation Form NJ-W-3M with the state.
When is New Jersey 1099 due?
The due date for filing Form 1099 with New Jersey is February 15. If this due date falls on a weekend or federal holiday, the next business day will be
the deadline.
Can I electronically file 1099 forms with New Jersey?
Yes, you can e-file 1099 forms with New Jersey. In fact, it is the only filing method accepted by the state of New Jersey. Make sure to include your
Form NJ-W-3M with your 1099 forms.
TaxBandits is here to help you with the e-filing of 1099. We support all 1099s with the state of New Jersey. Plus, we distribute 1099 form copies to recipients/payees via postal mail.
What are the penalties for not filing or filing 1099 late with New Jersey?
The State of New Jersey imposes 1099 penalties & interests for the following:
-
Late filing of Form 1099
If you e-file 1099 late, you may be charged $100.00 per month as a penalty.
-
Late payment of state taxes
You may be charged 5% of your tax due if you pay taxes late.
-
Underpayment of state taxes
You may be charged 5% of your unpaid taxes each month you delay. It will not exceed 25% of your tax liability.
For more information, please visit the State website: https://www.nj.gov/
