State of New York Rent and Royalty Payments for Natural Resources
Your Threshold Amounts for State Information Reporting Forms chart indicates that New York does not require reporting of Form 1099-MISC information. Am I reading this chart correctly that we do not have a reporting requirement in NY? We made oil and gas rent and royalty payments.
You are reading the chart correctly. The State of New York does not require 1099 reporting for the payments you asked about in your question (note footnotes 51 and 52 however in regards to other forms of payment).
Michigan Cities Requiring 1099 Reporting?
Do you have a list of all the Michigan cities that require 1099 reporting?
Here is the list:
Is Uniform Cleaning and Dry Cleaning Taxable?
Is Uniform Cleaning and Dry cleaning taxable? Do I pay retail sales tax?
If they provided...
Hawaii state law and the accelerated deposit rules
Thank you for your answer to my previous question: Hawaii still mirrors the Federal (IRS) requirements for Form 1099 (1099-DIV, INT, G, MISC, OID , PATR, and R) withholding. I have these follow-up questions: How does the Accelerated Deposit Rule apply to HI withholding deposits? I'm not clear if the deposits are required on the days we have the Fed deposits because our Fed withholding exceeds $100,000 or only when the HI withholding exceeds $100,000. Do other states have any specific instructions to clarify this requirement?
It appears that Hawaii follows the Federal rule, and we will get to why we believe that...
Hawaii state withholding
Has the state of Hawaii issued new guidelines for withholding tax deposit requirements in 2010?
State rules are of course always very much in flux.
Nevertheless, here is what you need to know:
Hawaii still...
New Jersey State Reporting and Annuity Contracts
If a life insurance company sells a single premium annuity to an individual living in the State of New Jersey is the insurance company required to file a 1099 in New Jersey and withhold New Jersey state tax if properly requested to do so by the individual? Or is withholding only required if the annuity is purchased by an employer or a retirement plan? Is a single premium immediate annuity considered a retirement plan requiring state tax withholding in New Jersey?
State Reporting
What are the states, if any, that do not follow the IRS regulations for pretax deductions (examples: medical insurance premiums and flexible spending accounts)?
The IRS has individual state links listed at:
http://www.irs.gov/businesses/small/article/0,,id=99021,00.html
We are an insurance company in the state of CA . . .
We are an insurance company in the state of CA that files electronically. We participate in the Combined Federal/State Filing Program using the 1099 MISC form. We reported gross proceeds in Box 14 for an attorney. We also entered CA/06 in Box 17 and the amount in Box 18. The attorney disagreed with the 1099 she received and ask for a correction. She said we should not be entering anything on the 1099 fin Boxes 17 and 18 because nothing was withheld. I checked the Information Reporting Bulletin, Annual Review of State Tax Information Reporting on page 12 showing the Form & Threshold for Dollar Amount to be Reported. It shows to report the same as Federal. Our manager had me call the Franchise Tax Board. We were told we should report only if an amount is withheld for the Employee Development Department. Is this correct? Thank you.
Boxes 16-18 are for use when you have withheld state taxes from a payment. If you did not withhold any CA state tax on the payment to this attorney, then you do not include anything in boxes 17 & 18. These boxes are used to identify which state the taxes in box 16 were withheld from, and the amount of the payment that constituted the state payment.
In the past my organization (501c3) has only reported our . . .
In the past my organization (501c3) has only reported our 1099-Misc to Federal and not State. According to your "Form & Threshold for Dollar Amount to be Reported" chart Ohio does not require us to file 1099-Misc with them. There was a column labeled Comb.Fed/State? what does this column represent?
The Comb. Fed/State column lets you know if a state participates in the Combined Federal/State Filing program.
This is a program available to electronic filers, where records coded for specific states are forwarded to that state for filing.
What do we do if our state requires Form 1099 . . .
What do we do if our state requires Form 1099 reporting?
More than half of the states participate in the Combined Federal/State Filing Program.
This allows you to...