West Virginia Tax Division Issues Income Tax Guidance on Electronic Media Specifications for 1099, W-2G

The West Virginia Tax Division Sept. 1 issued guidance on electronic media specifications regarding Form 1099 and Form W-2G, Certain Gambling Winnings, for corporate income and individual income tax purposes. The division provides that: 1) West Virginia no longer accepts filings on CD ROM; 2) taxpayers must file their Form 1099 data using the upload feature on the division’s website; 3) Form 1099 NEC, Nonemployee Compensation, is supported in the e-file transmission; 4) all files must contain the IT-103, Withholding Year End Reconciliation, in the C record; and 5) failure to include required records will result in a submission being ...