Missing the IRS deadline for Form 1099 can lead to penalties, but acting quickly can reduce the impact. Here’s how to handle late filings and stay compliant.
1. File as Soon as Possible
Even if the deadline has passed, submit your 1099 forms to the IRS and recipients immediately. The sooner you file, the lower the potential penalties.
2. Know the Filing Deadlines
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1099-NEC:
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Recipient deadline: January 31
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IRS deadline: January 31 (both paper and electronic filing)
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Other 1099 Forms (e.g., 1099-MISC, 1099-INT, 1099-DIV):
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Recipient deadline: January 31
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IRS filing deadline (paper): February 28
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IRS filing deadline (electronic): March 31
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👉 Related guide: 1099-NEC Software Filing
3. Understand Penalties for Late Filing
The IRS penalty structure depends on how late you file:
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Within 30 days of the deadline: $60 per form
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After 30 days but before August 1: $120 per form
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After August 1 or not filed at all: $310 per form
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Intentional disregard: $630 per form (or higher in serious cases)
👉 See details in our IRS 1099 Filing Penalties Guide
4. Document Reasons for Delay
If your delay was caused by reasonable circumstances (e.g., natural disasters, unforeseen emergencies), keep records. You may be able to request penalty relief by showing the IRS you acted responsibly.
5. Use Software to Avoid Future Delays
E-filing with IRS-approved 1099 software reduces mistakes and ensures on-time submissions. The system can also generate recipient copies quickly, helping you stay compliant with both IRS and state deadlines.
✅ Conclusion
Filing a late 1099 can be stressful, but prompt action helps minimize penalties. Know your deadlines, document your reasons, and use e-filing tools to stay on top of compliance in the future.
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