What forms are accepted through the Combined Federal/State Reporting Program?</span></p> . . .
What forms are accepted through the Combined Federal/State Reporting Program?
You can submit Forms 1099-MISC, -INT, -DIV, -R, -OID, -PATR, -G, and 5498 through the combined program.
You should also review each state's individual reporting requirements for Forms 1099, as they vary (some states do not participate in the program, and some have requirements in addition to what they received from Combined Program filers).
We file using the Combined Federal/State Filing Program. It is . . .
We file using the Combined Federal/State Filing Program. It is my understanding that some states do not participate in this program. Can you tell me which states require reporting, but do not participate?
The participants, and non-participants, are subject to change every year. For the most recent information, see IRS Publication 1220.
When participating in the combined federal/state reporting program, how do . . .
When participating in the combined federal/state reporting program, how do we know when to do state reporting?
The majority of states have some type of Form 1099 equivalent, although only for work performed in that state or paid to residents of that state. To determine whether you have state reporting obligations, you should review the requirements for each state where work was performed or payments were made.
Please clarify the following statement, which appears on page three . . .
Please clarify the following statement, which appears on page three of the Form 1099-MISC instructions: "If state or local sales taxes are imposed on the service provider and you (as the buyer) pay them to the service provider, report them on the Form 1099-MISC as part of the reportable payment. However, if sales taxes are imposed on you (as the buyer) and collected from you by the service provider, do not report the sales tax on Form 1099-MISC."
The IRS is telling you to differentiate between sales tax the vendor charges you, and sales tax the vendor already paid someone else and is simply passing along to you.
If you are billed for services, plus sales tax on those services, then you should not include the sales tax amount in the total you report on Form 1099-MISC.
What states are currently requiring new hire/new contractor reporting?</span></p> . . .
What states are currently requiring new hire/new contractor reporting?
New-hire reporting of employees is required nation-wide, but some states have also instituted similar reporting requirements for non-employee service providers who are independent contractors.
The "new contractor" reporting generally requires...
Georgia's withholding of 6% is required on payments where the . . .
Georgia's withholding of 6% is required on payments where the individual failed to provide a TIN, failed to provide a correct TIN, or provided a TIN typically issued to a nonresident alien. This regulation was effective July 1, 2007. Does that mean that any provider listed in my system on backup withholding for IRS purposes is also subject to GA withholding even if the IRS backup withholding started before July 1, 2007?
Essentially, yes. If you make a payment to a vendor, after July 1, 2007, who has not provided you with a TIN, or has provided an incorrect TIN, then you will withhold both the 6% Georgia tax from the payment, as well as the federal backup withholding of 28%.