Massachusetts now mandates filing Forms 1099-K with the department of revenue when the gross amount paid in settlement in a calendar year is $600 or greater.<\/p>\n
Third party settlement organizations, TPSOs and other Massachusetts filers can use our 1099 software<\/a> to comply with these new Mass 1099-K reporting requirements.<\/strong><\/p>\n Summary of requirements:<\/p>\n 1.New reporting requirements are effective beginning with Forms 1099-K filed for 2017 calendar year.<\/p>\n 2.Forms 1099-K filed for 2017 calendar year must be provided to payees by January 31, 2018 and must be filed with Mass DOR by February 28 or March 31 if filed electronically.<\/p>\n 3.The new reporting requirements apply to third party settlement organizations, or TPSOs<\/p>\n 4.The reporting threshold is $600.<\/p>\n 5.Where a filer has a Massachusetts Form 1099-K reporting obligation but is not required to file Form 1099-K with the IRS, the filer may file with the Department using IRS Form 1099-K.<\/p>\n 6.The mailing address for filing on paper is:<\/p>\n Massachusetts Department of Revenue 7.The website to upload 1099-Ks to Mass DOR is MassTaxConnect (MTC).<\/p>\n Please visit the link below to learn more about w2 Mate W2 \/ 1099 Software:<\/p>\n https:\/\/www.realtaxtools.com\/1099software\/1099software.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Massachusetts now mandates filing Forms 1099-K with the department of revenue when the gross amount paid in settlement in a calendar year is $600 or greater. Third party settlement organizations, TPSOs and other Massachusetts filers can use our 1099 software to comply with these new Mass 1099-K reporting requirements. Summary of requirements: 1.New reporting requirements … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[67,219,218],"class_list":["post-1356","post","type-post","status-publish","format-standard","hentry","category-4","tag-1096-2010","tag-massachusetts-1099-k-reporting","tag-massachusetts-1099-k-reporting-requirements"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/posts\/1356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/comments?post=1356"}],"version-history":[{"count":1,"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/posts\/1356\/revisions"}],"predecessor-version":[{"id":1357,"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/posts\/1356\/revisions\/1357"}],"wp:attachment":[{"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/media?parent=1356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/categories?post=1356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtaxtools.com\/Payroll-1099\/wp-json\/wp\/v2\/tags?post=1356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nP.O. Box 7045
\nBoston, MA 02204<\/p>\n