Do I need to file 1099-NEC with Massachusetts?

You must file an annual report of interest, dividends, and other income taxable under Chapter 62 of the Massachusetts General Laws if you issued any of the following: Form 1099-INT or Form 1099-DIV. Form 1099-MISC or Form 1099-NEC.

Are health insurance premiums tax deductible in Massachusetts?

Your health care premiums are tax-deductible if you’re self-employed, so you can reduce your taxable income by your health insurance premium’s cost. This is reported on Schedule Y of your Massachusetts income tax return. The Massachusetts Health Connector offers health plans on a pre-tax basis.

What happens if I don’t have a 1099 HC?

If you can’t find your 1099-HC, you can call us at (866) 682-6745; TTY: (800) 497-4648) for a replacement copy. If you would like to request a Form 1095-B, you may visit our self-service site at www.masshealthtaxform.com.

Is 1099 HC same as 1095c?

Form 1099 HC is needed to complete your Massachusetts state tax return. You can complete your Massachusetts tax return without one, but you will not be able to e-file that return. Form 1095 C is an informational document for your federal tax return.

Do 1099 need to be filed with the state?

You’re not required to file Forms 1099-NEC and 1099-MISC with your state.

Is EZ Pass tax deductible in MA?

You can’t write off every commuting expense, though: You can deduct only money that you spend on EZPass tolls or monthly or weekly passes for the Massachusetts Valley Transit Authority. Married couples can each claim the $750 deduction.

Is 1095 B the same as 1099-HC?

The main difference is one (Form 1095-B) is a federal form, while the other (Form 1099-HC is a Massachusetts form. They both provide information about your heath coverage. This form provides information about your health coverage, including who was covered, and when the coverage was in effect.

Does Medicare issue a 1099-HC?

No. DOR does not require carriers to send Form MA 1099-HC to their Medicare members. This applies to both Supplemental and Replacement plans.