Tennessee 1099-K Filing Requirements 2024
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Tennessee 1099 Filing Criteria for 2024 Tax Year
The State of Tennessee mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
| Tennessee State Required 1099 Forms | Form 1099 K |
|---|---|
|
Criteria 1 If there is Tennessee state tax withheld |
Payment Threshold: More than $0 Filing Method: Direct State Filing Additional Form: Not Required Deadline: 30 days after the federal 1099-K due date (April 30, 2025) Pricing: 1099 State filing- $0.70/form |
|
Criteria 2 If there is no Tennessee state tax withheld |
Payment Threshold: Follows Federal Threshold Filing Method: Direct State Filing Additional Form: Not Required Deadline: 30 days after the federal 1099-K due date (April 30, 2025) Pricing: 1099 State filing - $0.70/form |
Ready to E-file the 1099 Form with the Tennessee State?
Information Required to File 1099 Forms with Tennessee
Discover the key information needed to file Form 1099 with the State of Tennessee.
1. State/Payer’s state number
The payer's state identification number refers to the Tennessee Withholding Tax Account Number.
Tennessee State ID Format: 9 digits (Eg: 999999999)
2. Tennessee state income
The total amount of taxable income that is subject to Tennessee state income tax.
3. Tennessee state tax withheld
The total amount of state income taxes withheld from the recipient's income.
E-file 1099 with Tennessee state in minutes using TaxBandits!
TaxBandits – Simplifying Tennessee State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Tennessee Department of Revenue, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits offers a budget-friendly option for filing 1099 forms in Tennessee, allowing you to conserve both time and resources. Our intuitive platform streamlines the filing process, ensuring you remain compliant with state regulations while keeping costs low.
State Filing Guidance
TaxBandits offers an easy-to-follow guide for completing the 1099 e-filing process, ensuring a smooth experience from start to finish. You'll receive step-by-step instructions to help you navigate through each stage of the filing.
State Form PDFs
You can easily access and download Tennessee 1099 form PDFs for filing corrections or for your record-keeping purposes, ensuring that you have the necessary documentation at hand whenever needed.
Free Resubmissions
If your 1099 forms are rejected by the Tennessee Department of Revenue, you can easily correct any errors and resubmit them at no additional cost.
Start filing your Tennessee 1099 returns with TaxBandits by creating an account!
How to File 1099 with TaxBandits?
Create your free account and follow these simple steps to effortlessly e-file your 1099 with the federal and the state of Tennessee!
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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 Tennessee 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 Tennessee State? File in minutes with TaxBandits!
Frequently Asked Questions
Does Tennessee require 1099 filing?
Yes, the Tennessee Department of Revenue requires the filing of Form 1099-K, even if there is no state tax withholding.
The state doesn’t require any other 1099 forms.
Does Tennessee have a specific payment threshold for filing Form 1099-K?
There is no specific threshold for filing Form 1099-K in the state of Tennessee.
Reporting requirements in the state align with the IRS threshold guidelines, that is:
- Payment settlement entities must file Form 1099-K if the payment received through third-party network transactions is more than $20,000 and there were over 200 transactions during the year.
For tax years 2024 and 2025, the IRS is planning to reduce the 1099-K threshold to $5,000 and $600, respectively (irrespective of the
number of transactions).
What types of 1099 forms does Tennessee require?
The State of Tennessee only requires the filing of Form 1099-K. The state does not mandate the filing of any other types of 1099 forms.
Does Tennessee require additional forms when filing Form 1099-K?
No, the state of Tennessee does not require any additional forms to be filed along with Form 1099-K.
What are the Tennessee 1099-NEC filing requirements?
The Tennessee Department of Revenue does not require filing Form 1099-NEC or any other 1099 forms (except 1099-K) with the state.
When is the Tennessee 1099-K due?
The deadline for filing Form 1099-K with Tennessee is April 30. If this deadline falls on a weekend or federal holiday, the next business day will be the deadline
Should I electronically file Form 1099-K with Tennessee?
Yes, you must electronically file your 1099-K form with the state of Tennessee.
What are the penalties for late filing and not filing Form 1099-K with Tennessee?
Failing to file the 1099-K return on time with the state will result in a $1,000 penalty for each instance, with an additional penalty of $1,000 for each month or part of a month that the failure continues. The maximum penalty is $10,000 per year.
For more information, please visit the State website: Click here to learn more about Tennessee 1099 filing.
