The IRS deadline remains for businesses to furnish employees and independent contractors with forms reporting payments in 2019 by January 31, 2020. This is also the date that W-2s must be transmitted to the Social Security Administration, and the date that 1099-MISC with a box 7 entry (for nonemployee payments to independent contractors) must be transmitted to the IRS. No automatic extension is possible. A 30-day extension may be granted, but only for limited reasons.
Barbara Weltman
Big Ideas for Small Business, Inc.
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