Some filing due dates have changed, starting with 2016 returns filed in 2017. Employers are required to file W-2s with the federal government by Jan. 31, up from the prior deadlines of Feb. 28 for paper returns and March 31 for e-filings. This earlier deadline matches the date for sending copies of the forms to employees. The Jan. 31 due date also applies to 1099s reporting nonemployee compensation.
Returns and partnerships are due 2 ½ months after year-end… March 15 for calendar year firms. Those needing more time can request a six-month extension.
The due date for most regular corporations is 3 ½ months after year-end…generally April 15 for calendar year firms…but they can request a five-month extension. The deadline for S firms and corporations with a June 30 fiscal year hasn’t changed.
The filing date for owners of foreign accounts is moved up to April 15. Also, taxpayers for the first time are able to request an additional six months to file. In the past, U.S. owners of these accounts had until June 30 to file FinCEN Form 114 to report them, if the total value exceeded $10,000 at any time during the prior year.