A provision in the Consolidated Appropriations Act passed by Congress has changed the filing deadlines for Employer copies of Forms W-2/1099-MISC. Starting with tax year 2016, the deadline for filing Forms W-2 to the Social Security Administration and 1099-MISC to the Internal Revenue Service will be January 31 of the following year, rather than February 28 as it was in the past. This new deadline is for all Employer W-2/1099-MISC returns, both electronic and paper returns.
The 2016 Employer W-2/1099-MISC filing deadline is Tuesday, January 31, 2017.
The following filing deadlines have not changed for the 2016 tax year:
- Employers must distribute Forms W-2/1099-MISC to employees by January 31, 2017.
- Employees must file their personal income tax returns by April 17, 2017. (April 15 is a Saturday in 2017.)
Contact an MCB Tax Advisor today to discuss new tax law changes and to assist you in year-end tax planning and reporting.