Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 01-29-2012, 01:15 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
What are the 1099-Misc Deadline Due Dates for Tax Year 2011?

There are various filing due dates for 1099-Misc. The 1099-Misc filing copies consist of Copy A (the Red Copy that is filed with the IRS) and Copy B which is mailed out to the receipients.

The "Copy B of the 1099-MISC form must be mailed to the recipient by January 31, 2012." The due date is extended to February 15, 2012, if you are reporting payments in boxes 8 or 14.

The "File Copy A of the 1099-MISC form must be filed with the IRS by February 28, 2012."

For Taxpayers that file electronically, the due date is extended to April 2, 2012. In order to file electronically, taxpayers must have software that generates a file according to the specifications in Pub. 1220.

Failure to file Penalty Electronically:
If a taxpayer is required to file electronically but fails to do so, and does not have an approved waiver, the taxpayer may be subject to a penalty of $50 per return for failure to file electronically unless they can establish a reasonable cause.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
IRS extends tax filing deadline in 2011 to April 17th! TaxGuru General 1 01-24-2013 03:24 AM
Income tax filing deadline prolonged to April 18, 2011 SiarraZ Multistate Tax Issues 0 01-07-2011 02:28 AM
IRS Kicks Off 2011 Tax Season with Deadline Extended to April 18; Taxpayers Impacted by Recent Tax Breaks Can File Starting in Mid- to Late February Samatg For 2010 0 01-04-2011 03:32 PM
Deadline for Homeowners to File Homestead Benefit Applications Extended to Jan. 3, 2011 TaxGuru New Jersey 0 11-08-2010 08:23 PM
What are the Estimated Tax Payments due dates for tax year 2008? alston Estimated Taxes 1 04-06-2008 04:37 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.