As December comes to a close its tax time again, and while some may be dreading paying taxes others are impatiently awaiting W2s or 1099s to file and so they can receive a big fat refund. This leaves two questions gracing Google quite a bit in December and January, when do W2s come out, and when do 1099s come?
Your employer or employers have until February 1st each year to mail your W2 form or forms to you. This does not necessarily mean you’ll receive your W2 by February 1st, but that it must be post marked by this date. Considering this, you can expect your W2 to come any time after December 31st when the tax year closes to around February 16th depending on mail speed. Most employers start sending tax forms out in the first week of January, however.
What if my W2 doesn’t come out?
If your W2 has not arrived you should first contact your employer. It’s possible they had an incorrect address and the form was returned. After February 16th, if you have already contacted your employer you can contact the IRS at 800-829-1040.
When do 1099 forms come out and what if mine doesn’t come?
1099 forms are commonly used for income from a source other than an employer. For example, freelancers usually receive 1099 tax forms rather than W2s. The deadline for post marks on 1099 tax forms is January 31st. If you haven’t received a 1099 you are expecting you should, again, first contact the payer of the income. After February 15th, you can contact the IRS at 800-829-1040.
How long do I have to file my taxes?
The deadline to file your taxes or request an extension is April 15th. This means any mailed tax returns must be post marked by this date. If you are not able to file yet because of missing W2s or 1099 tax forms you need to contact the IRS at the number listed above before the deadline to file passes. You can file your federal taxes without a W2 or 1099 with the help of the IRS.
If you’d like to efile, there are coupons available to save a bit on that cost.
When can I expect my refund after I file my taxes?
When you receive your refund will depend on when your return was accepted by the IRS. In general, refunds are received within 21 days of receipt. You can check the status of your refund at the IRS Where’s my refund website.