Beginning with tax year 2024 returns filed in 2025, Mississippi lowered its electronic filing threshold for filing 1099 and W-2 to 10 or more returns. Previously, Mississippi applied a 25 or more form electronic filing threshold. Mississippi has not yet updated its guidance to reflect this change.
The penalty for failure to file electronically when required remains the same. Taxpayers face a $25 penalty for the first failure to electronically file. Taxpayers face a $500 penalty for each subsequent failure to electronically file.
