Yes, the Nebraska Department of Revenue requires the filing of 1099 Forms.
Yes, but you must file Form 1099 directly with the State Department of Revenue.
Note: You must file required 1099 forms only if there is a state tax withholding.
Yes, the state of Nebraska mandates filing the Annual Reconciliation Form W-3N with 1099 Forms if there is state tax withholding.
Form W-3N is an Annual Reconciliation used to report the total income taxes withheld from individuals.
The filing due date for both Form 1099 & W-3N is the last day of January.
The State of Nebraska suggests filing electronically if you are submitting 50 or more 1099s.
Any employer who fails to file any income tax withholding return by the required due date is subject to a penalty of 5% of the amount required to be shown on the return for each month or portion of a month the return is late, up to 25% or $25, whichever is greater. Learn more about Federal Form 1099 penalties, visithttps://www.taxbandits.com/form-1099-series/1099-penalties/.