IRS reminder: Employers must file Forms W-2 and provide Forms 1099-MISC and 1099-NEC by January 31, 2022

Employers must file Forms W-2 and other wage statements by January 31, 2022.

Provide Forms 1099-MISC and 1099-NEC by January 31, 2022

The IRS today issued a reminder that to avoid penalties, employers must file Forms W-2 and other wage statements by January 31, 2022.

As noted in today’s IRS release—IR-2022-15—a 2015 law made permanent a requirement that employers file copies of their Form W-2, Wage and Tax Statements, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by January 31. Forms W-2 are normally due to workers by January 31.

Forms 1099-MISC, Miscellaneous Information, and Forms 1099-NEC, Nonemployee Compensation, are also due to taxpayers by January 31, 2022.

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.