Yes. The Mississippi Department of Revenue requires W2 filing even if there is no state withholding.
Yes, you’ll need to file Form 89-140 if you do not plan to file your W2 online.
Form 89-140 is an annual reconciliation used to report the wages and taxes withheld from employees’ paychecks.
The deadline to file W2 online is the last day of January.
The state of Mississippi accepts both e-filing and paper filing. However, if you are submitting more than 25 W2s, it is recommended that you e-file.
Yes, TaxBandits supports filing W2 forms for Mississippi, but the Mississippi Annual Reconciliation Form 89-140 is not required when you efile W2 forms, and thus is not supported by TaxBandits.
Penalty for failing to file an information return or to furnish a required statement is $5.00 per statement, with a minimum of $250.00, and up to a maximum of $10,000.00 for each reporting account. Learn more about the Form W-2 penalties in detail by visiting https://www.taxbandits.com/w2-forms/form-w2-penalty/.