Monday, January 25, 2016

The 1099 & W-2 Recipient Deadline is Just A Week Away

In the modified words of the late, great Robin Williams: Gooooood morning ExpressIRSFooorms!

Do you know what today is? Other than a Monday, of course. Today marks the start of the last week left to get your 1099s and W-2s to your recipients. The last day to have your recipient copies to your employees or payees is next Monday, February 1st.

The deadline is normally January 31st, but since that’s a Sunday, the deadline gets extended to the next business day.

It’s a common misconception that these forms need to be postmarked by the last day in January when they need to be in the hands of your recipients by that day. It’s important that you get the 1099s and W-2s to your recipients so they can accurately complete their 2015 tax returns by their deadline. If you don’t get your copies to your recipients by February 1st, you can be reported to the IRS and face steep penalties for every form not delivered.

There’s still time to e-file with ExpressIRSForms and have your forms sent to your recipients by our dedicated team. Just log in and file your forms, and from the checkout screen select the Postal Mailing option. But be sure to get your filings in soon: the postal system only works so quickly!

While you’re filing your 1099s and W-2s, why not get started on your ACA forms if you need to file those too? After this year, the recipient copies of Forms 1095-B and 1095-C will be due at the same time as the 1099s and W-2s, so it couldn’t hurt to practice getting them out there sooner rather than later.

If you have questions or need help in the e-filing process, just reach out to our friendly, US-based support team! We’re available by phone (704-839-2270) and live chat Monday through Friday, 9 a.m. to 6 p.m. EST. We’re also available to take your questions 24/7 at support@expressirsforms.com.

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