There is a new federal law that allows the IRS to detect and prevent refund fraud. The new annual deadline for filing copies of employee’s’ Form W-2 with the Social Security Administration (SSA) is Jan. 31, 2017.
Under the new deadline:
- Employers filing 249 or fewer copies of Form W-2 can file these forms electronically or by paper.
- Employers filing 250 or more returns must do so electronically.
Employers must file by Jan. 31, 2017 regardless of number of employees or the method of filing.
In the past, employers typically had until the end of February if filing on paper, or the end of March if filing electronically, to submit copies of these forms to the government.
Employers must also give copies of Form W-2 to their employees by Jan. 31, 2017. The new Jan. 31, 2017 filing deadline applies as well to certain Forms 1099-MISC reporting nonemployee compensation, such as payments to independent contractors.
Reference: IRS.gov
