Kentucky 1099 Filing
Requirements 2024
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Kentucky 1099 Filing Criteria
The State of Kentucky mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
|
Kentucky
State
Required
1099 Forms |
Form 1099 NEC | Other 1099 Forms (Form 1099-MISC, K, INT, DIV, R, B, G, OID, W-2G) |
|---|---|---|
|
Criteria 1 If there is Kentucky state tax withheld |
Payment Threshold: More then $0 Filing Method: Direct State Filing Additional Form: Form 42A806 Deadline: January 31, 2025 Pricing: 1099 State filing - $0.70/form |
Payment Threshold: More then $0 Filing Method: Direct State Filing Additional Form: Form 42A806 Deadline: January 31, 2025 Pricing: 1099 State filing - $0.70/form |
|
Criteria 2 If there is no Kentucky state tax withheld |
State filing is not required. |
State filing is not required. |
Ready to E-file 1099 Form with the Kentucky State?
Information Required to File 1099 Forms with Kentucky
Find the key information needed to file Form 1099 with the State of Kentucky
1. State/Payer’s state number
The payer's state identification number refers to the Kentucky Withholding Tax Account Number.
Kentucky State ID Format: 6-digit state income tax withholding account number (Eg: 999999)
2. Kentucky state income
The total amount of taxable income that is subject to Kentucky state income tax.
3. Kentucky state tax withheld
The total amount of state income taxes withheld from the recipient's income.
E-file 1099 with Kentucky state in minutes using TaxBandits!
Kentucky Transmitter Report for Filing Form 42A806
Form 42A806 is the Transmitter Report for Filing Form used to report the electronic submission of 1099 tax forms to the Kentucky Department of Revenue. It provides essential details about the filer and the submitted forms.
The following information is needed to complete Form 42A806:
- Transmitter's name and contact information.
- Federal Employer Identification Number (EIN).
- Total number of forms being transmitted.
- Type of forms submitted
Start filing your Kentucky 1099 return with TaxBandits!
TaxBandits – Simplifying Kentucky State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Kentucky Department of Revenue, ensuring compliance with state regulations.
State Filing Guidance
With TaxBandits, you get detailed guidance at each stage to make 1099 e-filing easy and precise, minimizing any mistakes.
Lowest Pricing
TaxBandits offers the most affordable solution for Kentucky 1099 filings, saving you both time and money.
State Form PDFs
Easily access and download Kentucky 1099 form PDFs for filing corrections or record-keeping purposes.
Free Resubmissions
If the Kentucky Department of Revenue rejects your 1099 forms, you can correct errors and resubmit them for free.
Start filing your Kentucky 1099 returns with TaxBandits by creating an account!
How to File Form 1099 with the State of Kentucky?
Create your free account and follow these simple steps to effortlessly e-file your 1099 with the federal and the state of Kentucky!
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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 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 Kentucky 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 Kentucky State? File in minutes with TaxBandits!
Frequently Asked Questions
Does Kentucky require 1099 filing?
Yes, the Kentucky Department of Revenue mandates direct filing of the 1099 Forms if you have withheld state taxes. Additionally, the state requires that the forms be submitted in CD format.
Form W-2G :
Every person making a payment of gambling winnings in Kentucky that is subject to federal tax withholding shall deduct and withhold from the payment Kentucky income tax.
What types of 1099 forms need to be filed with the State of Kentucky?
Kentucky requires the filing of the following 1099 forms only if there is state tax withholding:
Does Kentucky require additional forms when filing 1099 forms?
Yes, the state of Kentucky requires an additional Form 42A806 (Transmitter Report for Filing Kentucky) to be paper filed along with Form 1099 only if there is state tax withholding.
For those who opt for paper filing, Kentucky provides an exclusive form known as Form K-5, Employer’s Report of Withholding Tax Statements. This form should be used instead of the standard 1099 form when filing on paper. It's important to note that Form K-5 is applicable only when filing 25 or fewer forms.
When is Kentucky 1099 due?
The due date for filing Form 1099 with Kentucky is January 31. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
Can I electronically file 1099 forms with Kentucky?
Yes, Kentucky supports the electronic filing of 1099s. It is mandatory to E-file 1099 with the state when filing 25 or more forms.
What are the 1099 penalties for Kentucky?
Penalties and interests will be applicable under the following circumstances:
| 1099 or K-5 penalty type | Penalty rate | Interest rate |
|---|---|---|
| Late filing of 1099 or K-5 | 2% of the total tax due for each 30 days from the original deadline. The maximum penalty is 20 percent of the total tax due. The minimum penalty is $10.00 | 5% |
| Late payment of taxes | 2% of the total tax due for each 30 days from the original deadline. The maximum penalty is 20 percent of the total tax due. The minimum penalty is $10.00 | 5% |
| Underpayment of estimated income tax or limited liability entity tax | Estimated income tax multiplied by the tax due interest rate. No maximum or minimum penalty. | 5% |
| Failure to file or furnish recipient information | 5% of the estimated tax due for each 30 days from the original deadline. The maximum penalty is 50 percent of the tax assessed. The minimum penalty is $100. | 5% |
Where do I mail 1099 forms when filing with the State of Kentucky?
If you want to paper file Form K-5 and 42A806, send the forms to the following Paper mailing address:
Paper Processing
P. O. Box 856950
Louisville, KY 40285-6950
After filing 1099s, a PDF for state corrections will be available in TaxBandits. Download it and send it to the above-mentioned email.
For more information about the State, Click Here.
