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1099 reporting payments to same payee in multiple states
January 17, 2022
Q. On Form 1099-MISC, Box 16, state: Will it allow us to input two different states at the same time with same the payee and same EIN?
Is it possible for the state amount to be different than federal amount? Box 17 states that income can be greater than the sum of the payments?
A.
(Answered by Sovos, a 3rd party software, services and education provider offering assistance in tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, Canada, Quebec, Puerto Rico and…
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