1. (1) Form 105, Report of Information at Source For the Calendar Year, must be filed to report payments to a resident individual of fixed and determinable compensation and any other taxable income made during the taxable year of:

   1. (i) $1,100 or more, if such individual is unmarried, or if married, is not living with his or her spouse; or
   2. (ii) $2,750 if married and living with his or her spouse.

2. (2) Returns of information are not required of the following classes of payments:

   1. (i) Bills paid for merchandise, telegrams, telephone, freight, storage and similar charges.
   2. (ii) Fees for professional services, except retainers on an annual or periodical basis.
   3. (iii) Payments to corporations, partnerships and fiduciaries.
3. (3) Form 105 and 106 (Transmittal of Reports of Information, form 105) may be obtained from the New York State Tax Commission, Income Tax Bureau, Albany 1, New York.
4. (4) Payments of compensation in the amount of $1000 or more to non-residents for services performed within New York State are to be reported on forms 102 and 103.

(a) Division of Housing.

In addition to the monthly and quarterly financial reports, local agencies may be required to submit to the division, within 15 days after the close of the fiscal year, annual statements giving information of a statistical and historical nature, as well as financial information. Such annual statements shall be in such form as the division, by separate instructions, shall prescribe.

(b) U. S. annual information returns.

The local housing authority must file by February 28 of each year, form 1099, U.S. Information Return for the Calendar Year, with the Commissioner of Internal Revenue, Processing Branch, Kansas City, Missouri, for each person to whom a payment for salaries, wages, fees, commissions, compensation for personal service, and any other fixed income totaling $600 or more. The local agency need not file form 1099 in the following cases: (1) wages were reported on form W-2; (2) payments of any type to a corporation. Form 1099 and form 1096 (summary of forms 1099 filed) may be obtained from the District Director of Internal Revenue.

(c) State of New York information returns.

The New York State Income Tax Law and regulations [see 20 NYCRR Chapter II] provide for the filing of information returns of payments of taxable income to residents of New York State.