W-2's by January 31

Discussion in 'Lawn Mowing' started by LoneStarLawn, Jan 27, 2001.

  1. LoneStarLawn

    LoneStarLawn LawnSite Bronze Member
    Posts: 1,415

    What is the penalty for not suppling employees their W-2's by January 31. I don't have employees but my last job went into Jan. and wanted to know the penalties envolved with this.
     
  2. nlminc

    nlminc LawnSite Bronze Member
    from GA
    Posts: 1,671

    A couple of years ago my W2's went out late (a week) and I was not penalized.
     
  3. LoneStarLawn

    LoneStarLawn LawnSite Bronze Member
    Posts: 1,415

    There is supposed to be a fine (or an audit) if you get reported...just wanted to know what it is. In your case you probably were not reported.

    [Edited by LoneStarLawn on 01-27-2001 at 03:48 PM]
     
  4. CCLC

    CCLC LawnSite Senior Member
    Posts: 261

    I think if you look in the instructions for the W-2's it states that they are "generally" supposed to be mailed by Jan 31.
     
  5. lawman

    lawman LawnSite Member
    Posts: 199

    Use the IRS web page this may give you your answer.
     
  6. LoneStarLawn

    LoneStarLawn LawnSite Bronze Member
    Posts: 1,415

    I have checked their website and all it says is that a complaint can be filled out. Really doesn't say anything about penalties. They may not give them out.
     

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