Montana 1099 Filing Requirements
for 2023
The State of Montana Mandates
1099 Filing!
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Montana State Filing
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Montana 1099 Reporting Requirements
The State of Montana mandates filing Form 1099 with the state agency under the following conditions:
| Scenario | If there is any Montana State Tax Withholding |
If there is no Montana State Tax Withholding |
|---|---|---|
| Payments Threshold | Follows Federal Threshold* | |
| Due Date | January 31, 2024 | Follows Federal Deadline |
| Filing Method | Direct State Filing | CF/SF |
| Additional Forms | Reconciliation Form MW-3 | Not Required (Must file Form MW-3 and Form 1099-MISC even if taxes not withhold on mineral royalty payments) |
*The federal threshold varies based on the 1099 form types. Learn more about the federal thresholds for each
1099 form.
Note: Form 1099-MISC (With payments in Box 2 (Royalties) Mineral Royalty Withholding) is due on February 28.
The State of Montana requires the following Forms:
- Form 1099 (1099-NEC, 1099-MISC, 1099-INT, 1099-DIV, 1099-R, 1099-B, 1099-G, 1099-K, 1099-OID, and W-2G)
- Form W-2 - Wages and Tax Statement. Learn more about Montana W-2 State Filing Requirements.
TaxBandits supports Form 1099 and W-2 filing with both the Federal
and State.
Frequently Asked Questions
Does Montana require 1099 filing?
Yes, the Montana Department of Revenue mandates the filing of 1099 Forms.
- If there is any state tax withholding, you must file 1099 Forms directly with the state.
- If there is no state tax withholding, the IRS will automatically forward your federal 1099 forms to the state agency since Montana is part of the CF/SF program.
Does Montana have a specific payment threshold for Form 1099 filing?
No, Montana does not have a specific payment threshold for reporting Form 1099. Reporting requirements in the state align with federal guidelines. Payers are required to assess and file a Form 1099 based on the applicable federal threshold for each specific form. Below are the various Federal thresholds for Form 1099.
| Forms | Threshold |
|---|---|
| Form 1099-NEC | $600 |
| Form 1099-MISC | $600 |
| Form 1099-K | $20,000 |
| Form 1099-INT |
|
| Form 1099-DIV |
|
| Form 1099-R | $10 |
| Form 1099-B | - |
| Form 1099-G | - |
| Form 1099-OID | $10 |
| Form W-2G |
|
What types of 1099 forms does Montana require?
Montana requires the filing of the following 1099 forms only if there is state tax withholding:
Does Montana require additional forms when filing 1099 and
W-2G forms?
Yes, Montana requires the following Withholding Tax Reconciliation Form along with your 1099 or W-2G Forms.
- Form MW-3 (Withholding Tax Reconciliation) must be filed along with the respective 1099 and W-2 forms.
What is Form MW-3?
Form MW-3 is an Withholding Tax Reconciliation of State 1099 used to report income tax withheld per 1099s and paid during the year.
- When you file your 1099s electronically, you will need to mail Form MW-3 to the address shown below.
- If you file paper copies of 1099s, you must always attach this form before submitting documents.
When is Montana 1099 due?
The due date for filing Form 1099 with Montana varies depending on whether there is a Montana State Tax Withholding:
- If there is a Montana State Tax Withholding, the due date to file 1099s is January 31.
- If there is no Montana State Tax Withholding, the due date aligns with the Federal Due Date of April 1, 2024. However, exceptions exist:
- If payment is reported in box 2 of Form 1099-MISC, the due date is February 28, 2024.
- If any payment is reported on box 8 or 10 in Form 1099-MISC, the due date is February 15, 2024.
- The deadline for filing Form 1099-NEC is January 31, 2024, regardless of withholding.
In case any due date falls on a weekend or federal holiday, the subsequent business day becomes the deadline.
What are the requirements to file 1099 electronically with Montana?
Payers are required to file 1099 electronically if they file 250 or more returns. Additionally, it is highly recommended that payers who file fewer than 250 returns opt for electronic filing, as it offers greater convenience and expedites the processing of the forms
What are the penalties for not filing or filing 1099 late with Montana?
Montana charges a penalty for the following:
Late filing of 1099
- If you fail to file 1099 by the deadline, the penalties will be applicable as below:
- Minimum of $50 or 5% of your unpaid taxes per month
- Maximum of 25% of your unpaid taxes
Not paying the withheld taxes on time
- If you fail to pay the full taxes by the deadline, you will be charged as below:
- 0.5% per month, up to 12% of the unpaid taxes, or 1.5% per month, up to 15% of the unpaid taxes
Underpayment
- If you have made an underpayment, you will be charged 20% of your unpaid taxes as a penalty.
Where do I mail Montana 1099 and W-2G forms?
Mail your Form 1099s along with Form MW-3 to the following address.
PO Box 5835,
Helena, MT 59604-5835.
For more information, please visit the State website: https://mtrevenue.gov/
