LDR 1099-NEC; Recently Issued Policy Statements; Legislative Summary

LDR 1099-NEC

Form R-91001, Annual Summary and Transmittal of Form 1099-NEC, is used to transmit copies of the Federal Information Return Form 1099-NEC to Louisiana Department of Revenue (LDR). 
 
If you are filing Forms 1099-NEC through commercial third-party tax software, the IRS Filing Information Returns Electronically (FIRE) system, or other IRS approved electronic filing software, you are not required to submit a return and Forms 1099-NEC to LDR. LDR will receive those from the IRS. When you are filing Forms 1099-NEC with the IRS through their FIRE system, you must select to opt into the Combined Federal/State Filing Program (CF/SF). If you opt in, the 1099-NEC information will be made available to LDR as long as you identify the data by the state code of 22. 

• See Form R-91001 (1/24) for instructions if not opting into CF/SF.
• See LDR 1099-NEC FAQs # 4, 6, 7, 8, 11 thru 18 that were updated 1/3/2023.

LDR Policy Statements and Publications

LDR has issued recent Policy Statements and Publications which may be accessed by following the below links:

REVENUE INFORMATION BULLETINS (RIBS):

• RIB 22-016 – Income Exemption and Carryforward Provisions of the START K12 Program
• RIB 22-020 – Request for Written Notice Concerning Disaster or Emergency-Related Services Rendered by Nonresident Employees and Nonresident Businesses Due to the December 2022 Severe Storms and Tornadoes
• RIB 23-001 – 2023 Interest Rate Collected on Unpaid Taxes
• RIB 23-002 – 2023 Interest Rate to Be Paid On Refunds
• RIB 23-003 – 2023 Severance Tax Values for Timber Products
• RIB 23-004 – 2023 Taxable Value for Refinery Gas
• RIB 23-005 – Applicable Interest Rate for Certain Severance Tax Overpayments

REVENUE RULINGS

• Revenue Ruling 22-003 - Non-Traditional and Nicotine Products
• Revenue Ruling 22-004 - Sales of Electricity at Charging Stations for Electric Vehicles

ADOPTED RULES

• LAC 61:I.5103 - Manufacturer's Net Invoiced Price 
• LAC 61:III.1533 and 1534 - Mandatory Electronic Filing and Payment of Tobacco Tax by Vapor Dealers
• LAC 61:I.601, 1307, and 1520 - Presidential Disaster Tax Relief Credit, Federal Income Tax Deduction and Withholding by Professional Athletic Teams
• LAC 61:I.1001 - Election of Pass-Through Entities
• LAC 61:I.1122, 1124, and 1125 - Taxes Not Deductible; Net Operating Loss Deduction; Application of Net Operating Losses Carryover to Otherwise Closed Years 
• LAC 61:I.1925, 1927, and 1929 - Donation to Qualified Foster Care Charitable Organization Credit and Certain Adoptions Deductions 

Legislative Summaries

• 2021 Regular Legislative Session Summary
• 2022 Regular Legislative Session Summary

Questions about the content of this Alert should be directed to LCPA Government Relations Director  Linda Babin.