IRS Form 15397 is a relatively new form that businesses can use to request extra time to furnish copies of certain information returns to employees or contractors. This includes Forms W-2 and 1099-NEC. Unlike IRS Form 8809—which extends the deadline for filing with the IRS—Form 15397 only applies to furnishing copies to recipients.
Key Details About Form 15397
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Purpose: Provides up to a 30-day extension for delivering recipient copies.
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Scope: Applies to common forms such as W-2s, 1099-NEC, and other 1099 forms. It does not extend the filing deadline with the IRS itself.
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How to file: The form must be completed and faxed to the IRS. Businesses must include transmitter information, the type of form, and the reason for the extension request.
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When to use: A business may need Form 15397 if unexpected delays—such as recordkeeping issues or third-party processing delays—prevent timely furnishing of forms to workers or contractors.
Example Use Case
Suppose a company cannot finalize its records in time to furnish 1099-NEC forms by the January 31 deadline. Filing Form 15397 can provide an extra 30 days, helping the business stay compliant and avoid penalties.
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