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IRS Discontinues Automatic Filing Extension for Certain Forms 1099-MISC and W-2

November 08, 2018

According to the IRS, this change is due to identity thieves filing fraudulent US tax returns early in the season, prior to the extended deadline when payers submit payment data. To mitigate this problem, the IRS will now require payers to report individual compensation information earlier in the filing season, on January 31. It'll also no longer grant an automatic 30-day extension to filers of Forms 1099-MISC, who are reporting nonemployee compensation (box seven of the 2018 form), and Forms W-2 (except for W-2G).