Import Spreadsheet Format Guidelines for Tax Year 2019

We’ve created Excel import spreadsheet templates to help you easily upload all of your 1095-B and 1095-C, 1099, and W-2  data. These templates are identical to the official IRS forms so that you can enter the information just as you would on paper.  Continue reading Import Spreadsheet Format Guidelines for Tax Year 2019

Tax Year 2019 Deadlines

Deadlines vary depending on form and type, so we have compiled a list to make the Tax Year 2019 Deadlines as simple as possible. Keep these dates in mind as you prepare your forms for filing!

Tax Year 2019 Deadline Table

*Individual state filing deadlines for certain information returns may vary. Please verify with your state for the proper method for submissions. BoomTax supports Combined Federal/State Filing for participating states.

Important Note: The IRS announced an ACA deadline extension for distributing forms to employees. The original deadline was January 31, but was extended to March 2. Moreover, the extension is automatic and does not require any submitted request. Read more about the extension here.

As a best practice, we recommend getting started on your filings as early as possible. If you plan on using our Print & Mail services, we recommend having it ordered at least 1 week before the deadline.

We have created a series of step-by-step guides that help you prepare for the Tax Year 2019 deadlines.

Questions?

If you have any questions, concerns, or comments about our product, feel free to contact us at [email protected]. A customer support representative will reach out to you promptly.

Preparing Form W-2: A Step-by-Step Guide for Tax Year 2019

It is important that you know what information you need before you begin preparing Form W-2. We’ve identified the following 5 key topics that may help you to correctly and timely complete your W-2 filing with our Step-by-Step Guide.

1. Determine Who Must Receive a Form W-2

The IRS instructs that a W-2 form much be completed and filed for each employee who, in the past year, you have made payments to for their services in your trade or business.

2. Gather Information to Prepare Form W-2

Before you begin preparing Form W-2, you will need to gather the tax information for the business(es) and employees you are filing for, including their name, address, tax identification numbers (TINs), and amounts paid to the employees.

3. Check for Accuracy

In order to avoid potential penalties, it is important to take the time to review and verify the information to be reported on your W-2 forms for accuracy before filing and distributing.

Tools such as TINCorrect can help you verify tax identification numbers for payers and employees in advance.

4. File and Distribute

Form W-2 is a multi-part form that requires copies to be distributed to several parties, including the IRS, employee and, if applicable, a state tax department.

5. Deadlines for Form W-2

W-2s must be filed with the Social Security Administration and furnished to employees by January 31, 2020, by electronic or mail filing.