When is w2 deadlines

As part of the e-file process, the summary data is compiled and automatically transmitted along with your s and W-2s. Be certain you know the difference between an independent contractor and an employee. You have two recipient options with e-file: Provide their email addresses for secure, online access to forms or Have forms printed and delivered via first-class mail.

Start using efile4Biz today Free to try. Recipient Deadline. According to the IRS website, if you submit a W-2 form to the IRS claiming that you paid a particular employee a certain amount of money and you did not, that person has the right to sue you for damages.

Sometimes, if you at least let your employees know that you are running behind with your W-2s but are working on getting them out, there may be less discontent than if you don't say anything at all. Also, if you send out a W-2 by the deadline, but have it returned to you for a bad or old address, don't open it or throw it away.

Put it in the employee's file and save it in case he contacts you for the form down the road; you at least have proof that you tried to send it.

After a massive W-2 phishing scam where scammers attempted to obtain personal information and file fraudulent tax returns with the compromised W-2 forms, the IRS moved up the filing date for annual wage and tax reports to combat potential fraud a few years ago.

In an effort to reduce tax fraud, 21 states, the District of Columbia, and Puerto Rico have enacted a new deadline for W-2s and s for state income taxes. The IRS recently posted the penalties this year for delinquent annual income statements. Fighting to make Connecticut a top state for business, jobs, and economic growth. Read More. The IRS advises employers that preparing for the deadline now can help avoid problems later, such as verifying or updating employee information including: Names Addresses Social Security numbers Individual taxpayer identification numbers Account Information Employers should check as soon as possible that their account information is current and active with the SSA, and employers should order paper W-2 forms if needed.

There are no automatic extensions on the deadline to file W-2 forms. The IRS only allows extensions for specific reasons.