It’s time to meet your, 2021 tax season deadlines!
Now is the Form W-2 Online and Form 1099 Deadline but there’s no need to panic. We’re here to help. Here is an overview of the forms you may need to file and the Due Date you can meet easily & Secure with TaxSeer.
If your business has many employees, you want to e-file Form W-2 Online by midnight! Employers use Form W-2 to report how much they paid their employees and the amounts withheld from their employees’ pay checks for income tax, social security, and Medicare. In addition to filing Form W-2 with the SSA, February 1, 2021 is the deadline to send out copies to all your employees.
Form 1099-NEC Online is a newly released form for reporting nonemployee compensation for 2020. If you paid a nonemployee more than $600, you need to file Form 1099-NEC. These payments could be for repairs, renewals, cleaning, or anything else you hired an independent contractor or nonemployee for. You also need to send recipient copies out by 2022.
Form 1099-MISC Online allows employers to report miscellaneous payments. Miscellaneous payments include prizes and awards, fishing boat proceeds, and more. Form 1099-MISC is not due to the IRS yet, but its recipient copies are. Employers need to send their payees a copy of this form by the end of the day!
Visit this blog for key differences between Form 1099-NEC and Form 1099-MISC and determine which one to file for your business.
How to E-file Form W-2 and Form 1099 for 2021
TaxSeer is pleased to be the first support e-filing. Whether you’ve been generating your TaxSeer with us or just need a fast and simple way to meet your February 1, 2022 due date, we’re here to help.
You want complete your Form 1099 Online and W-2 forms in 3 simple steps. Just enter your information, correct any mistakes, and transmit to the IRS.! There’s not much time left, so get started and e-file Form W-2, 1099-NEC, and 1099-MISC today.
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