What are the due dates for 1099-MISC?

January 31, 2020

  • Recipients – Mail Copy B of Form 1099-MISC (except those allowed on Feb 18th) to your vendors and independent contractors.
  • IRS – File Copies A and Form 1096 with the IRS for all 1099-MISC form with NEC (Applies to both paper & electronic filers). NEC stands for nonemployee compensation and is reported in Box 7.

February 18, 2020

  • Recipients – Mail Forms 1099-B, 1099-S and 1099-MISC (only if reporting box 8 or 14) to vendors and independent contractors.

February 28, 2020 – Remaining paper 1099s

  • IRS – File Copies A & Form 1096 with the IRS if filing on paper.

March 31, 2020 – Remaining electronic 1099s

  • IRS – Copies A & Form 1096 with the IRS if filing electronically.

The due day to file 1099s with the IRS can be automatically extended for 30-days using Form 8809 except for NEC payments reported in Box 7.  1099 forms reporting NEC payments cannot be automatically extended.

The IRS recommends that companies file 1099-MISC corrections reporting NEC separately from 1099-MISC forms not reporting NEC.

For specific information on all information returns see the “Guide to Information Returns” included in the IRS General Instructions for Certain Information Returns.

Why does the IRS say not to file 1099-MISC NEC payments with other payments after January 31st?

If any of your Forms 1099-MISC reporting NEC will be filed after January 31, 2020, file them in a separate transmission from your Forms 1099-MISC without NEC (due March 31, 2019). Filers should anticipate that if transmissions sent after January 31, 2020, include both Forms 1099-MISC reporting NEC and Forms 1099-MISC that do not report NEC in a single transmission (on paper with a single Form 1096 or electronically through FIRE with a single payer “A” record), the IRS will treat every form in the single transmission as if it is subject to the section 6721 penalty for failure to file by January 31, 2020. The IRS may send you a Notice 972CG, A Penalty Is Proposed for Your Information Returns, to which you may respond and clarify the content of the submission, indicating the number of Forms 1099-MISC that did not report NEC.

For additional information see the 2019 Instructions for Form 1099-MISC