Iowa 1099 Filing Requirements 2024
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Iowa 1099 Filing Criteria
The State of Iowa mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
|
Iowa
State
Required 1099 Forms
(Filing Criteria) |
Form 1099 NEC |
Other 1099 Forms
(Form 1099-MISC, K, INT, DIV, R, B, G, OID, W-2G) |
|---|---|---|
|
Criteria 1 If there is Iowa state tax withheld |
Payment Threshold: More than $0 Filing Method: Direct State Filing Additional Form: Not Required Deadline: February 15, 2025 Pricing: 1099 State filing- $0.70/form |
Payment Threshold: More than $0 Filing Method: Direct State Filing Additional Form: Not Required Deadline: February 15, 2025 Pricing: 1099 State filing- $0.70/form |
|
Criteria 2 If there is no Iowa state tax withheld |
State filing is not required. |
State filing is not required. |
Ready to E-file the 1099 Form with the Iowa State?
Information Required to File 1099 Forms with Iowa
Discover the key information needed to file Form 1099 with the State of Iowa.
1. State/Payer’s state number
The payer's state identification number refers to the Iowa Withholding Tax Account Number.
Iowa State ID Format:
- 12 digits starting with 2 digits, followed by a hyphen and 10 digits (e.g., 99-9999999999).
- 12 digits starting with 2 digits, followed by a hyphen, 7 digits, and a final hyphen with 3 digits (e.g., 99-9999999-999).
2. Iowa state income
The total amount of taxable income that is subject to Iowa state income tax.
3. Iowa state tax withheld
The total amount of state income taxes withheld from the recipient's income.
E-file 1099 with Iowa State in minutes using TaxBandits!
TaxBandits – Simplifying Iowa State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Iowa Department of Revenue, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits offers the most affordable solution for Iowa 1099 filings, saving you both time and money.
State Filing Guidance
TaxBandits provides step-by-step instructions to effortlessly complete the state 1099 e-filing process from start to end.
State Form PDFs
Easily access and download Iowa 1099 form PDFs for filing corrections or record-keeping purposes.
Free Resubmissions
If the Iowa Department of Revenue rejects your 1099 forms, you can correct errors and resubmit them for free.
Start filing your Iowa 1099 returns with TaxBandits by creating an account!
How to File Form 1099 with the State of Iowa?
Create your free account and follow these simple steps to effortlessly e-file your 1099 with the federal and the state of Iowa!
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Step 1: Choose Form 1099
Select the type of 1099 form you want to file.
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Step 2: Enter Form 1099 Federal details
Complete the form using manual entry or other bulk import options.
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Step 3: Enter State Filing Information
Provide the required Iowa state details for Form 1099.
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Step 4: Choose Distribution Options
Opt for our distribution services – Postal Mailing, Online Access, or BanditComplete.
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Step 5: Review and Transmit
Review your form and transmit it to the IRS and state agencies.
Are you ready to begin e-filing your 1099 Form with Iowa State? File in minutes with TaxBandits!
Frequently Asked Questions
Does Iowa require 1099 filing?
Yes, the Iowa Department Of Revenue mandates the filing of Form 1099 only when state tax is withheld. Otherwise, it is not required to file 1099 Forms.
The state does not accept paper copies of 1099.
Does Iowa require the filing of Form 1099-NEC?
Yes. The State of Iowa requires Form 1099-NEC to be filed only if there is any state tax withholding during the calendar year.
What types of 1099 forms does Iowa require?
Iowa requires the filing of the following 1099 Forms.
Does Iowa require additional forms when filing 1099?
No, Iowa does not require any additional forms when filing 1099 Forms.
When is Iowa 1099 due?
The filing deadline for Form 1099 is February 15. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
For the 2024 tax year, the deadline for filing 1099 Forms with Iowa is February 15.
What are the requirements to file 1099 electronically with Iowa?
The State of Iowa mandates electronic filing of 1099 Forms. It doesn’t accept paper filing.
What are the penalties for not filing or filing 1099 late with Iowa?
Failure to file 1099 or pay taxes on time with the State of Iowa and not furnishing payee copies will result in penalties.
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Penalties for filing 1099 late
If you do not file your 1099 by the due date and at least 90% of the tax amount is not paid, the penalty would be an additional 10% of your unpaid tax.
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Penalties for not paying the state withholding tax on time
If you have filed your 1099 on time but failed to pay at least 90% of the tax amount, the penalty would be an additional 5% of your unpaid tax.
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