Reporting Miscellaneous Income
In accordance with 12 CSR 10-2.120
, all individuals, businesses and corporations who are required to make a federal at source information report and who make payments to a nonresident of Missouri of $1,200 or more, which are not subject to withholding and not a part of an information report of S corporations or partnerships, must file an annual statement of those payments regardless of the manner or form in which payment is made. However, annual statements will not be required of any individual, business or corporation making those payments to Missouri residents.
The form needed for reporting miscellaneous income is Missouri Form 99-MISC (comparable to federal Form 1099-MISC). Copy 1 must be filed with our office, along with Form 96, Annual Summary and Transmittal of Information Returns. Copy 2 must be provided to the recipient. Copy 3 is the payer's copy. This information must be filed on or before February 28 of each year for the previous calendar year. Please send the completed forms to the Division of Taxation and Collection, P.O. Box 2200, Jefferson City, MO 65105-2200.