Employers must file Form W-2 and other wage statements by Feb 1, 2021.
The IRS is reminding employers that they must file Form W-2 and other wage statements by Feb. 1, 2021, to avoid penalties and help the IRS prevent fraud. A 2015 law made it a permanent requirement that employers file copies of Form W-2, “Wage and Tax Statements” and Form W-3, “Transmittal of Wage and Tax Statements” with the Social Security Administration by Jan. 31. That’s also the date Form W-2 is due to employees. This upcoming tax season, however, Jan. 31, 2021, falls on a Sunday, pushing the due dates to the next business day, which is Monday, Feb. 1. Form 1099-MISC, “Miscellaneous Income” and Form 1099-NEC, “Nonemployee Compensation” are also due to taxpayers on Feb. 1.