LATE REPORTING IS NOW SUBJECT TO IRS PENALTIES
Important dates for forms and employer forms January 31, 2016
· 1099-MISC to recipients
· W-2 to employees
· 1099-INT to recipients
· 1099-DIV to recipients
January 31, 2016
· 1099-MISC e-Filed to IRS
· W-2 e-Filed to SSA
· 1099-INT e-Filed to IRS
· 1099-DIV e-Filed to IRS
Primarily used to report what clients have paid independent contractors or miscellaneous laborers. It could also be used for rents and loyalties. This form is not used for employees. It's used mostly for contractors to do a particular job. 29 Palms Tax Service will create the 1099-MISC for each contractor paid, plus we'll e-File the return to the IRS and provide a PDF for your records. A 1096 is not needed when you e-File the 1099-MISC.
Used to report an employee's pay and how much tax has been withheld. 29 Palms Tax Service will e-File the W-2’s with the Social Security Administration. A W-3 is not needed when you e-File the W-2.
W-2C (W-3C included)
If you've previously filed a W-2 form that had something missing or incorrect on it, you'll need to fix it. The W-2c is used to make this correction. 29 Palms Tax Service will walk you through creating a W-2c and provide you with instructions on how to file with the Social Security Administration. We will print and you will need to mail the W-2c and the W-3c to the Social Security Administration to file.
The 1099-INT is used to report interest income paid to an individual or business. 29 Palms Tax Service will guide you in preparing the form and submitting the required copy to the recipient and we will e-File them to the IRS.
The 1099-DIV is used to report distributions paid, including dividends or capital gains paid on stock and liquidation distributions. The form needs to be prepared and submitted to the distribution recipient and to the IRS. We can easily and quickly prepare and e-File this form for you.