Although New Jersey participates in the Combined Federal State Filing program, the New Jersey Department of Revenue requires direct filing under certain conditions for the following 1099 forms:
Other IRS Forms Required by the State of New Jersey:
You may be required to file New Jersey state reconciliation Form NJ-W-3M, ACA Form- 1095, and W-2 Forms. Tax1099 . offers these forms if you select them during checkout.
Deadline to File New Jersey Filing Taxes:
New Jersey Form 1099, W-2 and Form NJ-W-3M Filing Deadline
- New Jersey State Taxes withheld – 15th February
- Without Tax Withheld - 31st January
New Jersey State ACA 1095 Filing Deadline
Form 1095-B or 1095-C
- Recipient Copy Distribution – 2nd March
- Filing with New Jersey - 31st March
IRS Mandates eFiling for 10 or more Tax Returns for the TY 2023.
What Type of 1099 Forms Does New Jersey Require?
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
| Form Name | No New Jersey state taxes withheld, payments do not exceed federal threshold. | No New Jersey state taxes withheld, payments made exceed federal threshold. | There were voluntary New Jersey state taxes withheld or payments made exceed $1000 federal threshold. | 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 | Filing Method : Electronic | NA |
| Pricing : Free | Pricing : $0.99 per form | 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 | ||
| W-2 | - | - | - | Filing Method : Electronic |
| - | - | Pricing : $0.99 per form |
Additional filing requirements :- You may be required to file New Jersey state reconciliation form NJ-W-3M. Tax1099 offers this form through the platforms for $4.99.
1. Is W-2 Filing Required in New Jersey?
Yes, the state of New Jersey mandates Form W-2 filing, even in cases where there is no state tax withholding.
2. What is New Jersey 1099 Due Date?
The deadline to file 1099 forms with New Jersey is February 15.
3. What is the New Jersey Form W-2 Filing Due Date?
The deadline for submitting Form W2 and Form NJ-W-3M is the same as filing Form 1099, i.e. February 15.
Note: If this date falls on a weekend or federal holiday, the following business day becomes the deadline for submission.
4. Where should New Jersey 1099 Forms be mailed?
You should not mail 1099 form copies to the state as it accepts only electronic filing. Let Tax1099 handle it for you to eFile 1099 forms.
In the state of New Jersey, penalties and interest may be applied for the following:
5. What is the New Jersey 1099 Penalties?
In the state of New Jersey, penalties and interest may be applied for the following:
- Late 1099 e-filing: $100.00 per month for delayed filing.
- Late state tax payment: 5% of tax due.
- Underpayment of state taxes: 5% monthly fee, max 25% of tax liability.
- Interest: 6.25% monthly on unpaid taxes from the original due date.
6. What is the New Jersey W-2 Penalties?
In the state of New Jersey, penalties and interest may be applied for the following:
- Late submission of W-2: Penalty of $100.00 per month for delayed filing.
- Delayed payment of state withholding taxes: 5% penalty of the tax due for late payment.
- Insufficient payment of state taxes: Penalty of 5% of the unpaid taxes each month, not exceeding 25% of the tax liability.
- Accumulated interest: 6.25% of the unpaid taxes per month for each month of delay beyond the original deadline.
7. Does New Jersey require 1095 filing?
Yes, New Jersey requires 1095 filing for employers and health coverage providers offering Minimum Essential Coverage to New Jersey residents.
They are obligated to file a 1095 form to report this information and distribute form copies to the recipients.
8. What types of 1095 forms are mandated for filing in New Jersey?
New Jersey has specific requirements for 1095 forms filing. Employers and health coverage providers in the state are required to submit the following 1095 forms:
- Form 1095-B
- Form 1095-C (Fully completed/ Parts I and III completed)
- Form NJ-1095
Tax1099 an IRS-approved service, provides a simple and secure online e-filing solution for New Jersey forms.
9. Electronic Filing Mandate for All W-2s and 1099s in New Jersey
The Division of Taxation in New Jersey has instituted a mandatory requirement for electronic filing of W-2s and 1099s.
This directive encompasses various important forms, including Forms NJ-W-3, W-2, W-2G, and all types of 1099s
To comply with this electronic filing mandate efficiently and accurately, utilize Tax1099, a platform that streamlines the e-filing process for W-2s and 1099s, ensuring seamless submission and compliance with New Jersey's tax regulations.