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The statutory mission of the Iowa Department of Revenue is to serve
Iowans and support state government by collecting all taxes required by
law, but no more.
What changed?
In order to give small
businesses additional time to comply with W-2/1099 filing requirements, the
Iowa Department of Revenue (IDR) proposed the following changes to tax year
2017 filing requirements:
- Businesses with fewer than
50 W-2s will not be required to file W-2s for tax year 2017.
- No entities will be
required to file 1099s for tax year 2017.
These are the same
requirements in place for tax year 2016. The proposed change delays the filing requirement
for businesses with fewer than 50 W-2s out to tax year 2018.
What am I required to file?
-
Businesses with 50 or more Iowa W-2s in tax year 2017 must electronically
file by 1/31/2018.
- Businesses with 50 or more Iowa W-2s in tax year 2016 who
received a filing extension for tax year 2016 must electronically file on or
before 1/31/2018.
What is optional?
Any business registered with an Iowa withholding permit and/or
filing using a bulk filer may submit
1099 and w-2s with no Iowa withholding information for tax year 2017.
IDR will not issue permits and Business eFile Numbers (BENs)
for purposes of electronically filing 1099s or W-2s with no withholding.
Can IDR make filing easier?
The Department will work
with software vendors to register and test software prior to the 1/31/2018
filing deadline. As a result, IDR will be able to guide businesses who are
required to file W-2s for tax year 2017 to a list of vendors who have completed
testing, offer their software services for sale, and who support the IA W-2 and
1099 file formats. Look for an email bulletin announcing the list is available
on the IDR website later this fall.
When will I know if the IDR
proposal was approved?
Stay tuned in to these email bulletins for updates about
Iowa’s W-2/1099 filing program. When
more information is available, IDR will notify you here.
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