Agencies are also responsible for determining which payment information is required to be reported.
To help agencies fulfill these obligations, the Comptroller's office and the IRS are engaged in a joint effort to increase state agency reporting compliance for Forms 1099. The Comptroller's office and the IRS have coordinated efforts to increase awareness of Form 1099 requirements and to promote various electronic filing options. IRS electronic filing options, for example, can benefit agencies through improved filing accuracy, reduced handling costs, and increased time savings. This joint effort has increased the number of agencies that file Forms 1099 and reduced the number of filing errors. However, your continued diligence is still needed for your agency to be in compliance when filing Form 1099 information.