Changes to Form 1099-G and 1099-MISC for FSA Producers and Vendors

The St. Croix County Farm Service Agency (FSA) reminds producers who receive less than $600 will no longer receive IRS Form 1099-G (Report of Payments to Producers) or IRS Form 1099-MISC.

In past years, IRS Forms 1099-G would be issued to show all program payments received from the Farm Service Agency, regardless of the amount.

Starting with calendar year 2012, producers whose total reportable payments from FSA are less than $600 will not receive IRS Form 1099-G.  In addition, producers who receive payments from more than one county will only receive one Form 1099-G if the total of all payments from all counties is $600 or more.

If the payments were subject to voluntary withholdings or subject to backup (involuntary) withholdings a Form 1099-G will be issued regardless of the total amount of the payments.

The same changes will apply to producers and vendors who normally receive IRS Form 1099-MISC from FSA.

For more information regarding IRS reporting changes, please contact the St. Croix County FSA office in Baldwin at 715-684-2874 x2.