Utah 1099 Filing Made Effortless for 2024

Yes, Utah requires businesses to file 1099 forms if state taxes were withheld. This includes submitting forms like

• Form 1099-NEC – Nonemployee Compensation
• Form 1099-MISC – Miscellaneous Information
• Form 1099-B – Proceeds from Broker and Barter Exchange Transactions
• Form 1099-DIV – Dividends and Distributions
• Form 1099-G – Certain Government Payments
• Form 1099-INT – Interest Income
• Form 1099-K – Payment Card and Third-Party Network Transactions
• Form 1099-OID – Original Issue Discount
• Form 1099-R – Distributions from Pensions, Annuities, etc.
• Form W-2G – Certain Gambling Winnings

with Utah tax withheld to the Utah State Tax Commission for proper reporting.

Yes, in Utah, you must file an annual reconciliation if you have Utah tax withheld from 1099 forms. This includes submitting Form TC-941E electronically, along with any W-2s or 1099s that report Utah taxes withheld. The reconciliation is due by January 31st following the tax year, or the next business day if the date falls on a weekend or holiday.

In Utah, the due date for filing 1099 forms is January 31st of the following tax year

In Utah, if you file or pay your 1099 forms late, you may incur penalties based on how many days past the due date:

• 1–5 days late: A penalty of $20 or 2% of the unpaid tax
• 6–15 days late: A penalty of $20 or 5% of the unpaid tax
• 16+ days late: A penalty of $20 or 10% of the unpaid tax

If the tax remains unpaid after 90 days, additional penalties will apply. Also, incomplete or incorrect forms may result in further penalties. Ensure timely and accurate filing to avoid these charges.