2009 MA Change in Policy of 1099 Reporting

Massachusetts DOR Directive No. 09-9 issued September 16th, 2009, explains a change in Department of Revenue policy concerning persons who file Forms 1099-MISC, 1099-INT, 1099-DIV, or any other form in the 1099 series with the Department.

Effective for tax years beginning in 2009, persons, individuals, corporations and partnerships that file 50 or more of a particular 1099 form must file the forms in a machine-readable form. The term machine-readable form includes file uploads through WebFile for Business and electronic data transfer. Information on how to register and file via the Webfile for Business program and specifications for electronic data transfer is available on the Massachusetts DOR website. The Department will no longer accept 1099 form information on diskette, magnetic tape, and cartridge 18-track magnetic media.

Changing the machine-readable threshold for 1099 forms to 50 or more establishes a similar threshold as that for Massachusetts W-2 reporting requirements and the wage reporting requirements. Persons filing in a machine-readable form must submit all such 1099 forms on or before the last day of February following the close of the calendar year being reported on. Those persons that file fewer than 50 of a particular 1099 form may continue to file paper forms with the Department.

Please contact Feeley & Driscoll's Boston Accounting team by Email or call us at 1 (888) 875-9770.

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