About Form 8809, Application for Extension of Time to File Information Returns Internal Revenue Service
If you need an extension to file Forms 1042-S (due March 15) and 5498 (due May 31), you must submit Form 8809 by March 15, the earliest of the two due dates. An extension will not be granted if a request is received after the deadline. Periodically review your information return filing processes to identify bottlenecks or inefficiencies that may lead to the need for extensions. Ensure that all personnel involved in the preparation and filing of information returns are well-trained and understand the importance of timely and accurate reporting.
Q. Is there a fee for filing Form 8809, and are there any consequences if the extension request is denied?
We last updated the Application for Extension of Time To File Information Returns in January 2025,so this is the latest version of Form 8809, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form 8809 directly from TaxFormFinder.You can print other Federal tax forms here. Penalties may apply filings are untimely, inaccurate and/or improperly submitted to the federal government on paper.
Can forms be printed to separate PDF files for each recipient?
This form is used if an employee is a resident of another country that has a tax treaty with the US that exempts the employee from some or all federal income taxes. You can request a second 30-day extension by filing a second Form 8809, but you must qualify for this additional extension by meeting one of the criteria above. A second 30-day extension is not available for filing W-2 or 1099-MISC forms. You may submit Form 8809 online via the IRS FIRE System or by post. Some forms, such as those reporting non-employee compensation, must be filed on paper. It provides an additional 30 days from the original due date to file the information returns.
Verification Process for Individual Records
To manage your costs and expenses you can use many available online accounting software. CPA On her blog, Amy Northward has kindly explained the process, which entails a long sequence of responses to automated queries. Use the Interactive Tax Assistant on the IRS website for online help with a range of questions.
- File Form 8809, once you know that an extension of time is required to file the information return, but not before January 1st of the year.
- However, the agency has encountered a considerable amount of criticism and controversy regarding its taxation methods and principles while doing so.
- Do not attach a copy of Form 8809 with the return unless you file Form 8027 on paper.
- Many corporate taxpayers, particularly small business owners, will issue IRS Form 1099-NEC, Nonemployee Compensation, to team members who are classified as independent contractors.
Author InformationPatrick Haggerty is the owner of a tax practice in Chapel Hill, North Carolina, and an enrolled agent licensed to practice before the Internal Revenue Service. Let us know in a single click, and we’ll fix it as soon as possible. See the Form 8809 Instructions for more information, other filing options, or to access a fillable PDF of the about form 8809 application for extension of time to file information returns form.
When is the IRS Form 8809 filing deadline?
- The extension provides additional time to file the specified information returns with the IRS only.
- Download our free guide on employment forms to learn what forms to file, including Forms W-2, 941, 940, and more.
- You may use it to request an initial or additional extension of time to file certain forms for the current tax year.
- Author InformationPatrick Haggerty is the owner of a tax practice in Chapel Hill, North Carolina, and an enrolled agent licensed to practice before the Internal Revenue Service.
Any payer or filer who needs more time to file his or her information returns with the IRS can use Form 8809 before the filing due date. Information Returns, was updated to include Form 1099-NEC and box 7 was removed. Form 1096 is used when mailing Forms 1099 and is filed with each type of form as the transmittal document.
Electronically-filed 8809 forms are directly transmitted to the IRS from Tax1099. Stay up to date with the latest tax and compliance updates that may impact your business. The information contained within this article is provided for informational purposes only and is current as of the date published. Fire, casualty, or natural disaster affected the operation of the filer.
Common Reasons for Filing Form 8809
If you are requesting an extension for many filers, enter the total count and attach a list of names and TIN. Form 8809, Application for Extension of Time to File Information Returns. If you need an extension to file both Form 1042-S and Form 5498, you must submit Form 8809 by March 15, which is the earliest of the two due dates. If a request is submitted after the deadline, an extension will not be granted.
IRS Form 4768 Instructions
The employer may be subject to a late filing penalty for any returns filed late without receiving a valid extension. Unlike Form 8809, which has a checkbox for employers to select a reason for the extension request, Form requires the employer to write in detail why they need an extension to furnish information returns. While employers and payers may request a 30-day extension to file W-2s or certain information returns, approvals of extensions are not automatic. To request extra filing time, submit Form 8809, Application for Extension of Time to File Information Returns PDF, by Jan. 31 or by the due date of the returns being requested.
This method is fast, secure, and provides immediate confirmation of receipt. To use the FIRE system, filers must have a Transmitter Control Code (TCC). For your convenience, we’ve included the latest version of IRS Form 8809 here, in this article. You may use one Form 8809 to request an extension period for multiple returns.