Illinois: 1099 State Filing Requirements
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Last modified 1/4/2024 5:08:17 AM EST |
Added by TaxBandits Team
The Illinois Department of Revenue mandates filing 1099-K and W-2G Forms only if the payment is reported. TaxBandits supports the e-filing of Form 1099 with both the Federal and State of Illinois.
Note: The state does not require a Reconciliation form to be submitted when e-filing form 1099.
1099 Form types required for Illinois State Filing
Form 1099 - ( 1099-K, W-2G)
Due Date
The deadline to file is March 31. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
Penalty
Form 1099 should be filed to the state of Illinois before the deadline. In case you fail to file before the deadline or provide incorrect information, you are subject to penalties. Here are the penalties for not filing Form 1099.
| Duration | Penalty Amount |
|---|---|
| If filed after 30 days from the deadline |
$50/form |
| If filed after 30 days, within August 1st | $110/form |
| Filed after August 1st | $290/form |
For more information about Illinois 1099 Reporting Requirements, click here.