123PayStubs is Ready to Help you E-file Forms W-2, 1099, and 941 for the 2021 Tax Year!
123PayStubs is now supporting the e-filing of Forms 1099 and W2 for the 2021 tax year. Businesses can also meet their quarter 4 Form 941 filing deadline with 123PayStubs.
The year-end filing deadlines are approaching quickly which means it is time for business owners and payroll providers to begin filing for themselves and their clients. 123PayStubs is here to help you meet these filing deadlines quickly and easily!
Form W-2
Form W-2 is a wage tax form that reports the wages you paid to your employees and the taxes that you withheld from their pay. This includes Social Security, Medicare, and income taxes.
The due date for filing Form W-2 with the SSA is January 31, 2022.
Form 1099-NEC
IRS Form 1099-NEC is used to report payments ($600 or more) made to nonemployees. Previously, this was reported on box 7 of Form 1099-MISC. Now, the IRS has separated the reporting for nonemployee compensation by reintroducing Form 1099-NEC for the 2020 tax year.
For the tax year 2021, the deadline for e-filing Form 1099-NEC is January 31, 2022.
Form 1099-MISC
IRS Form 1099-MISC is an IRS tax form that reports payments other than nonemployee compensation made by a trade or business to another. Form 1099-MISC is also used to report payments made for rent, fishing boat proceeds, medical and health care payments, prizes, awards, and more.
The e-filing deadline for Form 1099-MISC is March 31, 2022.
Recipient copies of Form 1099-MISC have two separate deadlines depending on the information in boxes 8 and 10:
- Recipient copies with no data in box 8 or 10 are due by January 31, 2022
- Recipient copies with data in box 8 or 10 are due by February 15, 2022
Form 941
IRS Form 941 is a tax form that businesses file quarterly to report income taxes, Social Security taxes, and Medicare taxes they withheld from employee paychecks. Employers also use Form 941 to report their portion of Social Security and Medicare taxes.
Form 941 is due on a quarterly basis. The following deadlines are as followed:
- First-Quarter (January, February, March) is due on April 30, 2021
- Second-Quarter (April, May, June) is due on August 2, 2021
- Third-Quarter (July, August, September) is due on November 01, 2021
- Fourth-Quarter (October, November, December) is due on January 31, 2022
Start E-Filing Now!
These year-end filing deadlines are approaching quickly! 123PayStubs has all of the helpful resources you need to ensure your return is filed securely and on time. 123PayStubs provides accurate calculations, internal error checks, instant updates on your returns filing status, and a dedicated customer support team. Ready to get started? Create your free 123PayStubs account today or sign in to your existing account and start filing!
