Mississippi 1099 Filing Requirements 2023

Yes, you must file 1099 forms with the Mississippi state only if there is a state tax withheld.

Yes, if there is a state tax withholding, the Mississippi Department of Treasury requires a W-2 form to be filed.

The deadline to file the 1099 Form with Mississippi is 28th February 2024.

The deadline to file Form W-2 with Mississippi is 31st January 2024.

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.

If you don't submit your 1099 forms or pay taxes on time in Mississippi and forget to give copies to the payees, you'll get fined.

• Late or Non-Filing of 1099: Penalty: $5 per return, minimum $250, maximum $10,000
• Late Payment of Taxes: Penalty: 10% of unpaid taxes
• Interest: 1% per month on unpaid taxes (calculated from due date until paid)
• 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

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.