While we shared this with you nearly six months ago, we wanted to remind you that the transmittal and filing dates related to both W-2 and 1099 forms come due even sooner this year.
All deadlines are showed in bold and all links (shown in bold blue) provided here are to official Internal Revenue Service (IRS.gov) websites only:
Payroll Related Dates
IRS forms W-2 and W-3 are due by Jan. 31, 2017.
Jan. 31, 2017
- Form W-2 – Furnish copies B, C and 2 to each person who was your employee during 2016. For more information, visit the IRS General Instructions for Forms W-2 and W-3.
- Form W-2 and Form W-3 – Send Copy A of Form(s) W-2 and W-3 to the Social Security Administration
- File Form 941 (for Q4 2016), Form 943, and Form 944 with the Internal Revenue Service
- Deposit 940 payments if undeposited FUTA tax was more than $500 on Feb. 1, 2016
1099-MISC Related Dates:
IRS 1099-MISC form transmittal and filing deadlines depend on what's being reported. Since the most common form of reporting is for with payments made to non-employees (reported in Box 7), the deadline is earlier than ever, Jan. 31, 2017. For more information, visit the IRS General Instructions for Certain Information Returns.
Jan. 31, 2017
- New Deadline to file when reporting non-employee compensation payments in Box 7 of form 1099-MISC (Form 1096 must accompany all paper submissions)
- Deadline for providing contractors/ vendors with 1099-MISC copies
Feb. 15, 2017
- Due date for providing 1099-MISC statements to recipients if amounts are reported in Box 8 or 14
Feb. 28, 2017
- Filing deadline to IRS via paper if filing outside of Box 7 (Form 1096 must accompany all paper submissions)
March 31, 2017
- E-filing deadline to IRS if filing 1099-MISC forms outside of Box 7