Podcast MISSISSIPPI STATE REQUIRES THE FOLLOWING FORMS:
- Form 1099 ( 1099-MISC, 1099-NEC, 1099-K, 1099-B, 1099-R and 1099-G)
- Form W2 - Wage and Tax Statements
DEADLINE FOR MISSISSIPPI STATE FILING TAXES:
- february 28, 2024 - Mississippi Form 1099 Filing Deadline
- January 31 , 2024 - Mississippi Form W-2 Filing Deadline
Get started with Tax1099. We support the filing of Form 1099 and W-2 Forms with IRS and the State of Mississippi.
Note :- You need to file directly with the state for the 1099-R form only if it passes the prong test, i.e., payments exceed $600.
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
| Form Name | No Mississippi state taxes withheld, payments do not exceed federal threshold. | No Mississippi state taxes withheld, payments made exceed federal threshold. | There were Mississippi state taxes withheld. | Mandatory Filing. |
| 1099-MISC | No filing required | Filing Method : CFSF | Filing Method : Electronic | NA |
| Pricing : Free | Pricing : $0.99 per form | NA | ||
| 1099-NEC | No filing required | Filing Method : CFSF | Filing Method : Electronic | NA |
| Pricing : Free | Pricing : $0.99 per form | NA | ||
| 1099-K | No filing required | Filing Method : CFSF | NA | NA |
| Pricing : Free | NA | NA | ||
| 1099-B | No filing required | Filing Method : CFSF | Filing Method : Electronic | NA |
| Pricing : Free | Pricing : $0.99 per form | NA | ||
| 1099-R | No filing required | Filing Method : CFSF | Filing Method : Electronic | NA |
| Pricing : Free | Pricing : $0.99 per form | NA | ||
| 1099-G | No filing required | Filing Method : CFSF | Filing Method : Electronic | NA |
| Pricing : Free | Pricing : $0.99 per form | NA | ||
| W-2 | - | - | - | Filing Method : Electronic |
| - | - | Pricing : $0.99 per form |
Additional filing requirements :- Mississippi state reconciliation form 89-140 may be required. Tax1099 offers this form through the platform for $4.99.
Note: If these dates fall on a weekend or a federal holiday, the deadline shifts to the next working day.
When submitting W-2 forms to Mississippi, additional forms are required depending on the filing method:
E-filing: No additional forms need to be submitted with W-2.
Paper filing: Include W-3 and Form 89-140 along with the paper-filed W-2.
- Late or Non-Filing of 1099: Penalty: $5 per return, minimum $250, maximum $10,000
- Late Payment of Taxes: Penalty: 10% of unpaid taxes
- Failure to Furnish Copies to Employees: Penalty: $5 per return, minimum $250, maximum $10,000
- Intentional Disregard: Penalty: $25 per return, minimum $250, maximum $10,000
Interest: 1% per month on unpaid taxes (calculated from due date until paid)
You can only submit paper forms by mail if the total is 25 or less. If the number of forms exceeds 50, you are required to electronically file them.
Mail 1099 forms to the given address:
Department of Revenue,
Withholding Tax Division,
P.O. Box 23058,
Jackson, MS 39225-3058.
Yes! The State of Mississippi allows the filing of W-2s and 1099s electronically. It's important to note that the state requires e-filing if you're filing 25 or more W-2s.