Iowa 1099 Filing Requirements
The State of Iowa Mandates
1099 Filing!
Simplify Your Iowa 1099 E-Filing
with TaxBandits!
- You can e-file your 1099 with both Federal and State
- Distribute recipient copies via Postal Mail and Secure Online Access
E-file your Iowa 1099 at just $0.70/Form
Iowa State Filing
Select your State for 1099 Reporting Requirements
Iowa 1099 Reporting Requirements
The State of Iowa mandates filing Form 1099 with the state agency under the following conditions:
| Scenario | If there is any Iowa State Tax Withholding | If there is no Iowa State Tax Withholding |
|---|---|---|
| Payments Threshold | More than $0 | No Filing Required |
| Due Date | February 15, 2024 | |
| Filing Method | Direct State Filing | |
| Additional Forms | Not Required |
The State of Iowa 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 Iowa W-2 State Filing Requirements.
TaxBandits supports Form 1099 and W-2 filing with both the Federal and State.
Frequently Asked Questions
Does Iowa require 1099 filing?
Yes, the Iowa Department Of Revenue mandates the filing of Form 1099 only when state tax is withheld. Otherwise, it is not required to file 1099 Forms.
Note: The state does not accept paper copies of 1099.
Does Iowa require the filing of Form 1099-NEC?
Yes. The State of Iowa requires Form 1099-NEC to be filed only if there is any state tax withholding during the calendar year.
What types of 1099 forms does Iowa require?
Iowa requires the filing of the following 1099 forms directly with the state only if there is state tax withholding:
Does Iowa require additional forms when filing 1099?
No, Iowa does not require any additional forms when filing 1099 Forms.
When is Iowa 1099 due?
The filing deadline for Form 1099 is February 15. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
For the 2023 tax year, the deadline for filing 1099 Forms with Iowa is February 15, 2024.
What are the requirements to file 1099 electronically with Iowa?
The State of Iowa mandates electronic filing of 1099 Forms. It doesn’t accept paper filing.
What are the penalties for not filing or filing 1099 late with Iowa?
Failure to file 1099 or pay taxes on time with the State of Iowa and not furnishing payee copies will result in penalties.
-
Penalties for filing 1099 late
If you do not file your 1099 by the due date and at least 90% of the tax amount is not paid, the penalty would be an additional 10% of your unpaid tax.
-
Penalties for not paying the state withholding tax on time
If you have filed your 1099 on time but failed to pay at least 90% of the tax amount, the penalty would be an additional 5% of your unpaid tax.
For more information, please visit the State website: https://tax.iowa.gov/
