North Dakota Publishes Updated Guideline to “Income Tax Withholding: Oil and Gas Royalty Payments”

April 4, 2017

Gerry Nelligan

Author

Sovos

This blog was last updated on June 26, 2021

North Dakota recently released an updated version of Publication 28262 – “Guideline to Income Tax Withholding: Oil and gas Royalty Payments.” The Guideline provides withholding criteria regarding oil and gas related royalty payments.
There is one change from the previous version of this publication involving remittance of 1099-MISC forms under the Combined Federal/State Program administered by the IRS: If a remitter transmits federal Form 1099-MISC information under the federal program, it must separately submit any federal Form 1099-MISC containing North Dakota income tax withheld with Form RWT-1096.
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Gerry Nelligan

Gerry Nelligan is a Regulatory Analysis Supervisor at Sovos, leading a team of counsels covering information reporting, including 10-Series IRS reporting, Affordable Care Act (ACA) reporting and Automatic Exchange of Information (AEOI). Gerry received his J.D. from Suffolk University Law School and his B.A. from Providence College. He is a licensed attorney in the state of Massachusetts.

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