MyFTB accountGuide to Information Returns Filed With California
In general, if you are located in California and filing Form 1098, 1099, 5498, and W-2G paper information returns with the Internal Revenue Service (IRS), you do not need to send a paper copy to the state. However, if you have an exception that requires you to report something differently for federal and state purposes, such as a different dollar amount, file separately with the IRS and the Franchise Tax Board (FTB).
California filing forms
| Form | Title | What to Report | Amounts to Report | To State(Paper Filing) | To State(Electronic Filing) | To Recipient |
|---|---|---|---|---|---|---|
| 1098 | Mortgage Interest Statement | Mortgage interest (including certain points). | $600 or more | 2/28 | 3/31 | (To payer, borrower) 1/31 |
| 1098-C | Contributions of Motor Vehicles, Boats, and Airplanes | Contributions of qualified vehicles. | Claimed value more than $500 | 2/28 | 3/31 | Contemporaneous written acknowledgment to donor within 30 days |
| 1098-E | Student Loan Interest Statement | Student loan interest received in the course of your trade or business. | $600 or more | 2/28 | 3/31 | 1/31 |
| 1098-T | Tuition Statement | Qualified tuition and related expenses, reimbursements or refunds, and scholarships or grants. | See form instructions | 2/28 | 3/31 | 1/31 |
| 1099-A | Acquisition or Abandonment of Secured Property | Information about the acquisition or abandonment of property that is security for a debt for which you are the lender. | All amounts | 2/28 | 3/31 | (To borrower) 1/31 |
| 1099-B | Proceeds From Broker and Barter Exchange Transactions | Sales or redemptions of securities, futures transactions, commodities, and barter exchange transactions. | All amounts | 2/28 | 3/31 | 2/15 |
| 1099-C | Cancellation of Debt | Cancellation of a debt. | $600 or more | 2/28 | 3/31 | 1/31 |
| 1099-DIV | Dividends and Distributions | Distributions, such as dividends, capital gain distributions, or nontaxable distributions, that were paid on stock and liquidation distributions. | $10 or more, except $600 or more for liquidations | 2/28 | 3/31 | 1/31 |
| 1099-G | Certain Government Payments | Unemployment compensation, state and local income tax refunds, agricultural payments, and taxable grants. | $10 or more for tax refunds and unemployment; $600 or more for all others | 2/28 | 3/31 | 1/31 |
| 1099-K | Payment card and third-party network transactions | From payment card transactions (e.g., debit, credit, or stored-value cards) | All amounts | 2/28 | 3/31 | 1/31 |
In settlement of third-party payment network transactions above the minimum reporting thresholds of:
*See note below |
Annual gross payments exceed $20,000 and more than 200 transactions in a calendar year. | 2/28 | 3/31 | 1/31 | ||
| If a network company is acting as a third-party settlement organization and the payee is an app-based driver, in settlement of third-party payment network transactions that meet the reporting threshold of:
Annual gross payments of $600 or more. |
Annual gross payments of $600 or more. | Within 30 days following the date such an information return would be due to Internal Revenue Service | Within 30 days following the date such an information return would be due to Internal Revenue Service | Within 30 days following the date such an information return would be due to Internal Revenue Service | ||
| 1099-INT | Interest Income | Interest income. | $10 or more ($600 or more in some cases) | 2/28 | 3/31 | 1/31 |
| 1099-LTC | Long-Term Care and Accelerated Death Benefits | Payments under a long-term care insurance contract and accelerated death benefits paid under a life insurance contract or by a viatical settlement provider. | All amounts | 2/28 | 3/31 | (To insured and policy holder) 1/31 |
| 1099-MISC | Miscellaneous Income
(Also, use this form to report the occurrence of direct sales of $5,000 or more of consumer goods for resale.) |
Rent or royalty payments; prizes and awards that are not for services, such as winnings from TV or radio shows. | $600 or more, $10 or more for royalties. | 2/28 | 3/31 | 1/31 |
| Payments to crew members by owners or operators of fishing boats. Report payments of proceeds from sale of catch. | All amounts | 2/28 | 3/31 | 1/31 | ||
| Payments to a physician, physicians corporation, or other supplier of health/medical services. Issued mainly by medical assistance programs or health and accident insurance plans. | $600 or more | 2/28 | 3/31 | 1/31 | ||
| Gross proceeds paid to attorneys. | $600 or more | 2/28 | 3/31 | 2/15 | ||
| Excess golden parachute payments. | All amounts | 2/28 | 3/31 | 1/31 | ||
| Substitute dividend and tax-exempt interest payments reportable by brokers. | $10 or more | 2/28 | 3/31 | 2/15 | ||
| Crop insurance proceeds. | $600 or more | 2/28 | 3/31 | 1/31 | ||
| Section 409A deferrals and 409A income. | All amounts | 2/28 | 3/31 | 1/31 | ||
| Cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish. | $600 or more | 2/28 | 3/31 | 1/31 | ||
| 1099-NEC | Nonemployee Compensation | Nonemployee compensation | $600 or more | 2/28 | 3/31 | 1/31 |
| Payments to an attorney | $600 or more | 2/28 | 3/31 | 1/31 | ||
| 1099-OID | Original Issue Discount | Original issue discount. | $10 or more | 2/28 | 3/31 | 1/31 |
| 1099-PATR | Taxable Distributions Received from Cooperatives | Distributions from Cooperatives to their patrons. | $10 or more | 2/28 | 3/31 | 1/31 |
| 1099-Q | Payments From Qualified Education Programs (Under Sections 529 and 530) | Earnings from a qualified tuition program and from Coverdell education savings accounts. | All amounts | 2/28 | 3/31 | 1/31 |
| 1099-QA | Distributions from ABLE Accounts | Gross distributions from an ABLE account, and earnings from the gross distributions. | All amounts | 2/28 | 3/31 | 1/31 |
| 1099-R | Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRA’s, Insurance Contracts, etc. | Distributions from retirement or profit-sharing plans, any IRA, insurance contracts, and IRA recharacterizations. | $10 or more | 2/28 | 3/31 | 1/31 |
| 1099-S | Proceeds From Real Estate Transactions | Gross proceeds from the sale or exchange of real estate. | Generally, $600 or more | 2/28 | 3/31 | 2/15 |
| 3921 | Exercise of an Incentive Stock Option Under Section 422(b) | Transfer or stock to any person pursuant to that person’s exercise of an incentive stock option described in IRC section 422(b). | All amounts | 2/28 | 3/31 | 1/31 |
| 3922 | Transfer of Stock Acquired Through an Employee Stock Purchase Plan (Under Section 423(c)) | Transfer of stock acquired through an employee stock purchase plan under section 423(c) | All amounts | 2/28 | 3/31 | 1/31 |
| 5498 | IRA Contribution Information | Contributions (including rollover contributions) to any individual retirement arrangement (IRA) including a SEP, SIMPLE, and Roth IRA; Roth conversions; IRA recharacterizations; and the fair market value (FMV) of the account | All amounts | 5/31 | 5/31 | 1/31 for required distributions and fair market value of account. 5/31 for contributions. |
| 5498-ESA | Coverdell ESA Contribution Information | Contributions (including rollover contributions) to a Coverdell ESA. | All amounts | 5/31 | 5/31 | (To beneficiary) 4/30 |
| 5498-QA | ABLE Account Contribution Information | Contributions, rollovers, and program-to-program transfers to an ABLE account. | All amounts | 5/31 | 5/31 | 3/15 |
| 8300 (IRS/FinCEN form) | Report of Cash Payments Over $10,000 Received in a Trade or Business | Payment in cash or foreign currency received in one transaction, or two or more related transactions, in the course of a trade or business. Does not apply to those required to file Form 4789; casinos required to file Form 8362; or, generally, transactions outside of the U.S. | Over $10,000 | Within 15 days after date of transaction | (To payer) 1/31 |
|
| W-2G | Certain Gambling Winnings | Gambling winnings from horse racing, dog racing, jai alai, lotteries, keno, bingo, slot machines, sweepstakes, and wagering pools. | $1,200 or more in gambling winnings from bingo or slot machine; $1,500 or more in winnings from keno; More than $5,000 in winnings from a poker tournament; $600 or more in gambling winnings (not from bingo, keno, slot machines, and poker tournaments) and the payout is at least 300 times the wager; Gambling winnings subject to federating income tax withholding. | 2/28 | 3/31 | 1/31 |
*For tax year 2023, previous reporting thresholds will remain in place. For tax year 2023 and prior years, third-party settlement organizations that issue Forms 1099-K are only required to report transactions where gross payments exceed $20,000 and there are more than 200 transactions, consistent with the IRS’s recent decision to delay implementation of the new $600 threshold. In general, third-party settlement organizations should file with the FTB the Form 1099-K that they are required to file with the IRS. Please be advised that this delay of the implementation of the new reporting requirements does not impact the requirement to issue a Form 1099-K for payments in settlement of third-party network transactions to app-based drivers for California purposes; the $600 threshold still applies to those payments.