TaxBandits supports the filing of Form 1099 with both the Federal and State of Kentucky.
A. Yes, the Kentucky Department of Revenue mandates the filing of the 1099 Forms only if there is a state tax withholding.
A. Kentucky requires the filing of the following 1099 forms only if there is a state tax withholding.
A. Yes. The state of Kansas requires additional forms to file along with Form 1099.
Kentucky has an additional Form K-5 (Employer’s Report of Withholding Tax Statements) to be sent only if there is a state tax withholding.
A. Form K-5 is an annual reconciliation used to report wages or payments and state taxes withheld from employees’ paychecks.
A. The filing due date for both the Form 1099 and Form K-5 is January 31.
A. The State of Kentucky mandates filing electronically if you are submitting 26 or more 1099s.
A. A penalty of $10 will be imposed for each form 1099 not filed on time with the state of Kentucky.
A. Mail your Form 1099s along with Form K-5 to the following address.