Vermont 1099 Filing Requirements
The state of Vermont requires certain businesses to file 1099 with Reconciliation Form WHT-434.
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Your Vermont 1099 Filing Needs
- E-file 1099 with both Federal and State
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Distribute recipient copies via Postal
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1099 Forms Required by Vermont
The state of Vermont requires the following types of 1099 forms
Form 1099-NEC
Nonemployee Compensation
Form 1099-MISC
Miscellaneous Information
Form 1099-INT
Interest Income
Form 1099-DIV
Dividends and Distributions
Form 1099-R
Distributions From Pensions, Annuities, etc.
Form 1099-B
Proceeds From Broker and Barter Exchange Transactions
Form 1099-G
Certain Government Payments
Form 1099-K
Payment Card and Third-Party Network Transactions
Form 1099-OID
Original Issue Discount
Ready to start filing your 1099 with Vermont?
Vermont 1099 Filing Criteria
The State of Vermont mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
| Criteria | Filing Requirement | Additional Requirement | Due Date |
|---|---|---|---|
|
If there is any Vermont state tax withheld |
You must file a 1099 directly E-file with TaxBandits |
Form WHT-434 (Annual withholding reconciliation) |
January 31, 2025 |
|
If there is no Vermont state tax withholding |
You must file a 1099 directly E-file with TaxBandits |
No additional form is required. |
January 31, 2025 |
Ready to E-file the 1099 Form with the Vermont State?
Information Required to File 1099 Forms with Vermont
Discover the key information needed to file Form 1099 with the State of Vermont.
1. State/Payer’s state number
The payer's state identification number refers to the Vermont Withholding Tax Account Number.
Vermont State ID Format: 11 digits - 3 characters WTF followed by 8 digits (Eg: WHT-12345678)
2. Vermont state income
The total amount of taxable income that is subject to Vermont state income tax.
3. Vermont state tax withheld
The total amount of state income taxes withheld from the recipient's income.
If you’ve withheld any Vermont taxes, you must file Reconciliation Form WHT-434.
E-file 1099 with Vermont state in minutes using TaxBandits!
Nonresident Withholding Payment Voucher – Form WHT-434
Form WHT-434 is used to facilitate the submission of withholding tax payments for nonresident individuals or entities that have earned income within the jurisdiction of Vermont.
Information Reported on WHT-434:
- Number of W-2s and 1099s submitted
- Total wage and nonwage payments paid per W-2s and 1099s, respectively.
- Total Vermont tax withheld.
TaxBandits doesn't support filing 'Form WHT-434' with the state. The payer must file the form directly with the state before the deadline.
Ready to E-file the 1099 Form with the Vermont State?
TaxBandits – Simplifying Vermont State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Vermont Department of Revenue, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits offers the most affordable solution for Vermont 1099 filings, saving you both time and money.
State Filing Guidance
TaxBandits provides step-by-step instructions to effortlessly complete the state 1099 e-filing process from start to end.
State Form PDFs
Easily access and download Vermont 1099 form PDFs for filing corrections or record-keeping purposes.
Free Resubmissions
If the Vermont Department of Revenue rejects your 1099 forms, you can correct errors and resubmit them for free.
Start filing your Vermont 1099 returns with TaxBandits by creating an account!
How to File Form 1099 with the State of Vermont?
Create your free account and follow these simple steps to effortlessly e-file your 1099 with the federal and the state of Vermont!
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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. Ensure you complete the state-specific fields.
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Step 3: Enter State Filing Information
Provide the required Vermont 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.
Are you ready to begin e-filing your 1099 Form with Vermont State? File in minutes with TaxBandits!
Frequently Asked Questions
Does Vermont require 1099 filing?
Yes, the state of Vermont requires you to file 1099 forms if there was state tax withholding.
- Required when the payment reported was subject to Vermont withholding (i.e., when VT state tax withheld).
- Required when payment was made to a nonresident of Vermont for services performed in Vermont.
Does Vermont have a specific payment threshold for Form 1099 filing?
No, Vermont does not have a specific payment threshold for reporting Form 1099. Reporting requirements in the state align with federal guidelines. Payers are required to assess and file a Form 1099 based on the applicable federal threshold for each specific form. Below are the various Federal thresholds for Form 1099.
| 1099 Forms | Federal Threshold |
|---|---|
|
Form 1099-NEC Form 1099-MISC |
$600 |
| Form 1099-K | $5000 |
|
Form 1099-INT |
$10 for the amount reported on Boxes 1, 3, or 8 (or at least $600 of interest paid for trade or business) |
| Form 1099-DIV |
|
| Form 1099-R | $10 |
| Form 1099-B | - |
| Form 1099-G | - |
| Form 1099-OID | - |
What types of 1099 forms does Vermont require?
Vermont requires the filing of the following 1099 forms directly with the state only if there is state tax withholding:
Does Vermont require additional forms when filing 1099?
Yes, Vermont requires the following Withholding Tax Reconciliation Form along with your 1099.
Form WHT-434 (Annual Withholding Reconciliation) is an Annual Employer Reconciliation report used to report withholding tax returns for employers.
- When e-filing, you are required to complete Form WHT-434 with your 1099. Here at TaxBandits, we simplify the e-filing of 1099.
- When paper filing, you must include both Form WHT-434 and 1096.
When you efile 1099 with TaxBandits, you need to take care of Form WHT-434.
When is Vermont 1099 due?
The filing deadline for Form 1099, Form WHT-434 is January 31. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
For the 2024 tax year, the deadline for filing 1099 Forms with Vermont is January 31, 2025.
What are the requirements to file 1099 electronically with Vermont?
The Commissioner of Taxes has mandated the electronic filing of 1099 and Form WHT-434. The mandate is effective for all payroll filing services, paid preparers, and employers who will remit 25 or more 1099 forms. Employers with fewer than 25 forms are encouraged to file electronically.
What are the penalties for not filing or filing 1099 late with Vermont?
Vermont imposes penalties if you file 1099 late and/or don’t pay the state taxes on time.
- Penalties for filing 1099 late You will be charged 5% of the unpaid taxes each month you are late until you file. If you file 1099 after 60 days from the original deadline, the penalty would be $50.
- Penalties for reporting incorrect tax liability intentionally 100% of your unpaid taxes
Where do I mail the Vermont 1099 forms?
Mail your Form 1099s along with Form WHT-434 to the following address.
Vermont Department of Taxes,
PO Box 547,
Montpelier,
VT 05601-0547.
If you need to correct Vermont 1099 forms, update the necessary information on the already filed 1099 through TaxBandits. Then, download the form and send it to the email mentioned above.
For more information, click here to learn about Vermont 1099 filings.
