NEW Form 1099-MISC Reporting (PA)

November 5, 2012

Under Pennsylvania Act 85 of 2012, payors of either non-employee compensation or payments made under an oil and gas lease from sources within Pennsylvania are required to submit a copy of the federal Form 1099-MISC to the Department of Revenue.  This is effective beginning with payments made in calendar year 2012.

Non-employee compensation is generally payments made to non-employees for services performed in the course of your trade or business.

Payments made under an oil and gas lease typically may include rents, royalties, bonuses, and other income, regardless of how the payment is reported on the Form 1099-MISC.

If the payor is required to file electronically for PA employer withholding, the 1099-MISC shall be filed electronically using e-TIDES.  If the payor is registered to file electronically for PA employer withholding, electronic filing of the 1099-MISC is strongly encouraged.

Due dates for filing Form 1099-MISC follow the Internal Revenue Service due dates.

For detailed information download the Pennsylvania Department of Revenue Informational Notice Personal Income Tax Handout.

For additional information contact Steven M. Wolf, CPA.

Steve Wolf Headshot
Steven M. Wolf, CPA