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IOWA STATE REQUIRES THE FOLLOWING FORMS:
- Form 1099 ( 1099-MISC, 1099-NEC, 1099-K, 1099-B, 1099-R and 1099-G)
- Form W2 - Wage and Tax Statements
DEADLINE FOR IOWA STATE FILING TAXES:
- February 15, 2024 - Iowa Form 1099 Filing Deadline (with state taxes withholding)
- February 15, 2024 - Iowa Form 1099 Filing Deadline (without state taxes withheld)
- February 15, 2024 - Iowa Form W-2 Filing Deadline .
Get started with Tax1099. We support the filing of Form 1099 and W-2 Forms with IRS and the State of Iowa.
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
| Form Name | No Iowa state taxes withheld, payments do not exceed federal threshold. | No Iowa state taxes withheld, payments made may or may not exceed federal threshold. | There were Iowa state taxes withheld. | Mandatory Filing. |
| 1099-MISC | No filing required | No filing required through CFSF | Filing Method : Electronic | NA |
| Pricing : $0.99 per form | NA | |||
| 1099-NEC | No filing required | No filing required through CFSF | Filing Method : Electronic | NA |
| Pricing : $0.99 per form | NA | |||
| 1099-K | No filing required | No filing required through CFSF | Filing Method : Electronic | NA |
| Pricing : $0.99 per form | NA | |||
| 1099-B | No filing required | No filing required through CFSF | Filing Method : Electronic | NA |
| Pricing : $0.99 per form | NA | |||
| 1099-R | No filing required | No filing required through CFSF | Filing Method : Electronic | NA |
| Pricing : $0.99 per form | NA | |||
| 1099-G | No filing required | No filing required through CFSF | Filing Method : Electronic | NA |
| Pricing : $0.99 per form | NA | |||
| W-2 | - | - | Filing Method : Electronic. | NA |
| - | Pricing : $0.99 per form | NA |
Yes, you must file 1099 Forms with the Iowa state if you report payments during the calendar year.
Note: Iowa does not accept paper filing.
Yes, if there was a state tax withholding, the Iowa Department of Revenue requires a W-2 form to be filed.
The deadline to file Form 1099 with Iowa is 15th February if there is a state tax withholding.
The deadline to file Form W-2 with Iowa is 15th February.
Note: If these dates fall on a weekend or a federal holiday, the deadline shifts to the next working day.
If you don't submit your 1099 forms or pay taxes on time in Iowa and forget to give copies to the payees, you'll get fined.
Type of Penalty |
Late 1099 Filing |
Late Payment of State Withholding Tax |
|---|---|---|
Penalty Description |
If 1099 is not filed by the due date and at least 90% of the tax amount is unpaid, a penalty of 10% of the unpaid tax is applied. |
If 1099 is filed on time but at least 90% of the tax amount is unpaid, a penalty of 5% of the unpaid tax is applied. |
Yes! The State of Iowa mandates eFiling Form 1099 and Form W-2. You can file these forms electronically with the help of Tax1099. It's easy, and we'll send copies to your payees by mail or through IRS-compliant eDelivery.