Don't Miss These 2016 Tax Year Deadlines
|Forms||Actual Due Date||Extended Due Date|
|W-2||January 31||March 2|
|1099-MISC (nonemployee compensation only)||January 31||March 2|
|1042-S||March 15||April 14|
|1094-C,1095, 1097, 1098, 1099, 3921, 3922, W-2G, 8027||March 31||April 30|
|5498||May 31||June 30|
Note : There is no automatic extension available for Form W-2 for the Tax Year 2016. Requests must be in writing and signed by the filer/transmitter or a person who is duly authorized to sign a return.
5 Simple Steps to File Extension Form 8809
Add Employer Details
Indicate Forms to be Extended
Enter Payer Details
Pay & Transmit
When Is Extension Form 8809 Required?
Use Form 8809 to request an extension of time to file any of the following forms:
Form W-2, Form 1097, Form 1098, Form 1099, Form 3921, Form 3922, Form W-2G, Form 1042-S, Form 5498, Form 5498-ESA, Form 5498-SA, Form 8027.
Requests for additional extensions of time to file information returns are not automatically granted. Generally, such requests are granted only where it is shown that extenuating circumstances prevented filing by the due date of the return.
Note: There is no automatic extension available for Form W-2 for the tax year 2016. Requests must be in writing and signed by the filer/transmitter of a person who is duly authorized to sign a return. Some states may require additional forms for an extension, so contact your state's Department of Revenue for more information.
Penalities for Filing Late or Failing to File
If you didn't obtain an extension and fail to file your forms on time, you could be liable for penalty fees. Listed below are the conditions and amounts of penalties that could be incurred.
|Conditions||Businesses with Gross Receipts of More than $5 Million||Businesses with Gross Receipts of $5 Million or Less|
|Filed no more than 30 days late||$50 per return, $529,500 maximum||$50 per return, $185,000 maximum|
|Filed 31 days late but before August 1||$100 per return, $1,589,000 maximum||$100 per return, $529,500 maximum|
|Filed after August 1 or not at all||$260 per return, $3,178,500 maximum||$260 per return, $1,059,500 maximum|
|Intentional disregard to file||$520 per return, no maximum||$520 per return, no maximum|