For the first time in decades, 1099-Misc-NEC (Box 7) must be e-Filed by
January 31, 2017. In past years, the deadline has been March 31. This 2 month
decrease in time can cost a HEAVY PENALTY if you are late. For example, the
penalty could be as much as $260.00 per form, i. e. $2600.00 penalty for
just 10 forms being late. See Late
Filing Penalties. This new deadline may be impossible for many
But now the PAYER/COMPANY/ENTITY can get a 30 day
Extension of Time File!
Use 1099 Express EXTENSION OF
TIME DATA ENTRY SCREEN shown below.
You must get an Extension
of Time for EVERY Entity/Company/Payer/Division who files 1099-Misc-Nec forms.
Not the payees, not the recipients, just Payer/Company.
This is especially important if you have MULTIPLE
ENTITIES/CLIENTS/PAYERS, Such as a CPA or Tax professional who handles 1099s for
your clients. You will need to get an extension of time FOR EACH AND EVERY
Just fill out this form
and click OK for every Company/Payer. Save the file and upload it via our Secure
Service Bureau, and we do the rest. We e-File to the IRS, and provide a
Here are the detailed steps:
For more information, please contact 1099 Express at 361-884-1500.
- Order your 2016 1099 Express Enterprise software.
- Start 1099 Express software for 2016, click the "Select Form" Menu.
- Scroll to the bottom and choose Extension of Time.
Click the ADD Button. Complete the form and Click OK.
Repeat this process for ALL PAYERS/FILERS.
Send us the file. Our fee is only $75.00 for up to 5,000 Companies!
Or e-File the Extension yourself FREE with your own TCC via the IRS FIRE site.