A new week has begun and with just 13 days left in the year of 2017, tax filing due dates for the 2017 tax year have been set early.
Employers face a due date of January 31, 2018 for filing 2017 Forms W-2 and W-3 with the Social Security Administration. This deadline applies to both electronic and paper filers.
Form 1099-MISC is also due to the IRS and individuals by January 31 when reporting non-employee compensation payments in Box 7.
Each of these forms can now be filed easily under one account with TaxBandits. A new innovative, tax filing solution created and designed for small businesses, nonprofits, and tax professionals.
Filing Form W-2 and Form 1099-MISC with TaxBandits is much more simple than you think. Within a few steps, you can file Form w-2, W-3, 1099-MISC, and a host of other necessary forms for your business and employees.
Form W-2 Filing Information
Unsure of what information you’ll need to file Form W-2? No worries! Here’s the info you should have when filing:
- Employer Details: Name, EIN, Employer Code, Employer Type, and Address
- Employee Details: Name, SSN, Address, and Contact Information
- Federal Details: Federal Income and Federal Tax Withheld
- State Filing Details: State Income and State Tax Withheld
After you’ve submitted this information and filed your Form W-2, a Form W-3 must be submitted. Form W-3 is a transmittal form that reports the total earnings, social security wages, Medicare wages, and tax withholdings for your employees during the tax period. At TaxBandits, we automatically generate Form W-3 for you when you file your W-2 Form.
Form 1099-MISC Filing Information
As an employer, if you hired an independent contractor and paid them more than $600 in wages in exchange for their services, you are responsible for issuing them a Form 1099-MISC. This form is due to the recipient by January 31 and must be e-filed by April 2. Information needed to file is as follows:
- Payer Details: Name, EIN, and Address
- Recipient Details: Name, EIN/Social Security, and Address
- Federal Details: Miscellaneous Incomes and Federal Tax Withheld
- State Filing Details: State Income, Payer State Number, and State Tax Withheld
TaxBandits also supports the entire Form 1099 Series which includes Form 1099-INT, Form 1099-DIV, Form 1099-R, Form 1099-S, Form 1099-B, Form 1099- Correction, and Extension Form 8809.
TaxBandits Can Help
As you prepare to enjoy the holidays and embrace a prosperous new year, don’t let these forms take hours to complete by hand or pay an expensive accountant to handle them for you. Simply use TaxBandits!
We provide step-by-step instructions that guide you through the e-filing process and have a multitude of features to make the entire process incredibly convenient. Best of all, our outstanding, US-based support team is here to help. If you need any assistance give us a call Monday – Friday from 9 AM to 6 PM EST at 704.684.4751. We also offer live chat and 24/7 email support at support@TaxBandits.com.