Prepare for big changes for the 2016 tax year - both with the IRS and here at ExpressIRSForms!

Check out the changes you’re likely to encounter:



2016 Tax Year Changes in Forms

W-2/1099 Forms with Tax Year Changes

Form W-2

Whether paper filing or e-filing, the deadline for 2016 W-2 and W-3 Forms is January 31, 2017.

The extension of time to file Form W-2 with the SSA is no longer automatic. You can still apply for one with Form 8809, on which you’re required to provide a detailed explanation of why you need more time.

Form 1099-B

New to ExpressIRSForms 1099 line-up is the Form 1099-B! Clients can now use us to securely e-file Form 1099-B, just as you would any other form. Form 1099-B is for brokers who need to report sales and trades they oversaw throughout the year.

Form 1099-MISC

Form 1099-MISC must be filed by January 31, 2017 if you’re reporting nonemployee compensation payments in box 7. Otherwise, the deadline is March 31, 2017.

Form 1099-INT

Box 12 was added to Form 1099-INT to report bond premiums.

Form 1099-R

Form 1099-R now has a FATCA filing requirement check box.

Form 1099-S

Just added to the ExpressIRSForms 1099 line-up is Form 1099-S! Clients can now use their accounts to e-file 1099-S Forms securely with the IRS. Form 1099-S is for agents to report the sales or exchanges of real estate they oversaw during the year.

ACA Form Changes with Tax Year Changes

Changes to Codes

Codes 1I and 2I for lines 14 and 16, respectively, on Form 1095-C are no longer applicable and have been removed. New codes, 1J and 1K, have been added for line 14 on Form 1095-C.

Transition relief

For ACA Forms, several types of transition relief were available in 2015 under IRC Sections 4980H and 6056. For 2016, the amount of transition relief has been limited. References to transition relief that only applied to calendar year 2015 have been removed from the ACA Forms, and the descriptions of the remaining transition relief types have been amended for the 2016 tax year.

ExpressIRSForms Now Has Xero & QuickBooks® Integration

Xero

We’ve integrated with Xero! Now, you can easily sync your 1099-qualified vendors and payments with ExpressIRSForms, where we offer year-round e-filing, 1099 corrections, and more! E-filing Form 1099 doesn’t get any easier than this!

QuickBooks®

We’ve also integrated with QuickBooks®! Easily sync the data you already have in QuickBooks® with your ExpressIRSForms account to quickly e-file 1099 Forms and corrections year-round for your 1099-qualified vendors and payments.

Keep an eye out for more integration options to come!

Changes in Our Features

FIRE/EFW2 File Upload

You can now upload FIRE/EFW2 files into your ExpressIRSForms account to convert them into individual forms! These forms can be printed and mailed to your employees or recipients.

Bulk Upload

Have multiple forms? Upload them at once using our Bulk Upload option. You can use our Excel template or upload one of your own!