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Revised Dates for Forms W2 and 1099 in 2017

October 24, 2016

 

 

deadline for filing W-2’s with the SSA and the 1099-MISC with the IRS are changing. New dates and additional information:

 

Form W-2

  • The due date for filing 2016 Forms W-2 and W-3 with the Social Security Administration is now January 31, 2017, whether by paper or electronic filing.

  • Extensions are no longer automatic but may be requested by submitting a complete application on Form 8809, Application for Extension of Time to File Information Returns.

Form 1099-MISC

 

Government copies of Form 1099-MISC are due on January 31, 2017, when you are reporting non-employee compensation payments in box 7 (paper/electronic). Otherwise, file by February 28, 2017, if you file on paper, or by March 31, 2017, if you file electronically. Recipient copies are still due January 31st.

 

Penalties


The penalty is $50 per Form W-2/1099 if you correctly file within 30 days of the due date and $100 per Form W-2/1099 if you correctly file more than 30 days after the due date but by August 1st. Filing after August 1st will result in a $260 per Form W-2/1099. Intentional disregard is $530 per return.

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