2008 2009 IRS W2 Deadline Date for Employer W2 Tax Form
Who must file Form W-2. Employers must file Form W-2 for wages paid to each employee from whom:
- Income, social security, or Medicare tax was withheld or
-Income tax would have been withheld if the employee had claimed no more than one withholding allowance or had not claimed exemption from withholding on Form W-4, Employee's Withholding Allowance Certificate.
Also, its important that every employer engaged in a trade or business who pays remuneration for services performed by an employee, including noncash payments, must file a Form W-2 for each employee even if the employee is related to the employer.
The official deadline for W 2 form is March 2, 2009 for Paper W2 Form. If you are using electronic filing for w2 then the deadline is 31st March 2009. This is the official filing deadline with IRS. However you must note that
even if you request an extension to file Form W-2, you must still furnish Form W-2 to your employees by February 2, 2009 (which is over overdue by now).
Please note that there are w2 deadline penalties related to overdue of W2 form filing.
The W2 Deadline Overdue penalty is:
$15 per Form W-2 if you correctly file within 30 days; maximum penalty $75,000 per year ($25,000 for small businesses, defined later).
$30 per Form W-2 if you correctly file more than 30 days after the due date but by August 3; maximum penalty $150,000 per year ($50,000 for small businesses).
$50 per Form W-2 if you file after August 3 or you do not file required Forms W-2; maximum penalty $250,000 per year ($100,000 for small businesses).
You can download latest W2 form from IRS. As an individual you would have to file your taxes by April 15th 2009, you must check out the latest IRS Tax Tables for 2009
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