KPMG report: Certain states currently accepting Form 1099-NEC under CF/SF program
An updated version of Publication 1220 issued by the IRS includes Form 1099-NEC into the “Combined Federal State Filing” (CF/SF) program
Certain states currently accepting Form 1099-NEC under CF/SF program
The updated version of Publication 1220 issued by the IRS in the fall of 2021 included a noteworthy change—the inclusion of Form 1099-NEC into the “Combined Federal State Filing” (CF/SF) program.
Form 1099-NEC was reintroduced for the 2020 tax year but was not originally included in the CF/SF program, leaving state agencies and taxpayers scrambling to get their processes updated ahead of the filing deadlines.
With the recent inclusion of Form 1099-NEC in the CF/SF program for the 2021 tax year, some states recently updated their guidance to note that they will accept the form when submitted through the CF/SF program. However, not all state agencies have caught up with the update.
Read a January 2022 report [PDF 242 KB] prepared by KPMG LLP that includes a table listing states that currently accept Form 1099-NEC when there is no withholding to report.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.