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 2016 New 1099/W'2 Penalties and Due Dates

1/17/2017

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2016 due date for 1099 and W2's is January 31, 2017.

For 2016 the penalties for late or non filing of W2's and 1099's have increased as follows:
  • $50.00   per W2/1099 = Late less than 31 days
  • $100.00 per W2/1099 = If over 31 days but mailed by August 1, 2017
  • $260.00 per W2/1099 = If mailed after August 1, 2017
  • $530 = 1099s only. Intentional disregard and failure to report.

Please make sure you have mailed your W2's and 1099's by the deadline to avoid these high penalties.







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