Montana 1099 Filing Requirements 2024

Yes, you must file 1099 forms with the Montana state only if there is a state tax withheld.

Yes, even if there is no state tax withholding, the Montana Department of Treasury requires a W-2 form to be filed.

The filing deadline for Montana Form 1099-MISC, 1099-NEC, 1099-R and 1099-G is January 31, 2025. However, for Form 1099-K and 1099-B, the filing deadline is extended until March 31, 2025.

The deadline to file Form W-2 with Montana is 31st January 2025.

Note:If these dates fall on a weekend or a federal holiday, the deadline shifts to the next working day.

Yes, the State of Montana requires additional forms to be submitted with 1099 regardless of the filing method. Whether you e-file or paper file your 1099, you should attach Form MW-3.

If you don't submit your 1099 forms or pay taxes on time in Montana and forget to give copies to the payees, you'll get fined:

• Late Filing of 1099:
• Minimum penalty: $50 or 5% of unpaid taxes per month.

• Maximum penalty: 25% of unpaid taxes.

• Not Paying Withheld Taxes on Time:

• Penalty options: 0.5% per month, up to 12% of unpaid taxes or 1.5% per month, up to 15% of unpaid taxes

• Underpayment:
Penalty: 20% of unpaid taxes.

You can only submit paper forms by mail if the total is 50 or less. If the number of forms exceeds 250, you are required to electronically file them.

• Mail 1099 forms to the given address:
• Montana Department of Revenue,
• Withholding Tax Division,
• PO Box 5835,
• Helena, MT 59604-5835.

Yes! The State of Montana allows the filing of W-2s and 1099s electronically. It's important to note that the state requires e-filing if you're filing 250 or more W-2s.