NEW W2 AND 1099 DEADLINE (AFFECTED TAXPAYERS REFUND HELD UNTIL 2/15/17)

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  • NEW DEADLINE FOR W2’S TO BE SUBMITTED TO SSA IS 1/31/17; NOT 2/28/17
  • NEW DEADLINE FOR ANYONE REQUIRED TO DISTRIBUTE 1099’S IS NOW 1/31/17
  • ACCELERATION OF DEADLINES FOR W2’S AND 1099’S IS TO MAKE IT EASIER FOR IRS TO DETECT FRAUD
  • IMPACT: DELAYED TAX REFUNDS TO 2/15/17 FOR ANYONE CLAIMING THE EARNED INCOME TAX CREDIT OR THE ADDITIONAL CHILD TAX CREDIT.
  • STILL FILE AS EARLY AS POSSIBLE

 

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