Come out to the Wayne County Fairgrounds for Chamber Coffee at 10 a.m. on Friday. The event will be held in the Commercial Building.

FSA Announces Changes To IRS Form 1099-G And 1099-MISC

Posted: 08 January, 2013

LINCOLN –   Farm Service Agency (FSA) State Executive Director, Dan Steinkruger, announced that the agency has implemented some changes regarding issuing IRS Form 1099-G and 1099-MISC for payments issued in 2012. FSA will no longer issue IRS Form 1099-G and/or 1099-MISC if a producer’s total reportable payments are less than $600. In addition, FSA will only issue one IRS Form 1099-G and/or 1099-MISC for producers participating in multiple counties. Producers receiving reportable payments that total $600 or more before withholdings were applied are still being issued an IRS Form 1099-G and/or 1099-MISC.
 
The changes to the report of payments on the IRS Form 1099-G and 1099-MISC are according to the Internal Revenue Code.
 
“Producers who have questions about 2012 payments and/or refunds should contact our agency. Any FSA office can do a search of all payments and refunds using a Tax I.D. Number through our Financial Inquiries software,” said Steinkruger.



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