Key Filing Deadlines and Information for 2016
1099-MISC Filing Deadline Change
✓ If entering data in Box 7, the filing deadline is January 31, 2017, regardless of paper or electronic filing method
✓ If no data in Box 7, the paper filing deadline is February 28, 2017, and the electronic deadline is March 31, 2017
✓ No change to the January 31 due date for recipient copies
W-2 Filing Deadline Change
✓ 2016 forms must be filed with the SSA by January 31, 2017, regardless of using paper or filing online
✓ Previous e-file deadline was March 31
W-2 Extensions
✓ Extensions to file are no longer automatic and one 30-day extension may be requested
✓ Application Form 8809 must be used along with a detailed explanation on why additional time is needed
✓ IRS will only grant extensions for extraordinary circumstances or catastrophe
W-2 Penalties -
✓ $50 per W-2 if the forms are filed within 30 days of the due date
✓ $100 per W-2 if the forms are filed more than 30 days after the due date but before August 1
✓ $260 per W-2 if the forms are filed after August 1, corrections are not filed or the W-2 is not filed at all