Tax season is in full swing. The business tax returns deadline just passed, and more deadlines for information returns and personal tax returns are rapidly approaching. Don’t let deadlines sneak up on you. If you aren’t prepared for the Information Returns Deadline on March 31st then head to an e-file provider like ExpressExtension to e-file IRS Extension Form 8809.
IRS Extension Form 8809
Information Returns Extension Form 8809 is the form used by businesses to receive an extension of 30 days to file their W-2s, ACA, 1099s, and information returns with the IRS. Most of the extensions on these forms are automatic, meaning you don’t have to provide the IRS with a valid reason for needing an extension. You simply need to correctly complete Form 8809 by your original tax deadline to have your extension approved.
However, the extension request for W-2s is not automatic, and you’ll have to provide the IRS with a valid reason for needing an extension. A few valid reasons for needing an extension include being out of town around the deadline, having your busy season peak during the deadline, or that your business is moving locations, and more.
The Extension Form 8809 deadlines vary based off of which form you’re applying for an extension
The Extension deadline for Form 8809 on IRS Forms W-2 and 1099-MISC (NEC only) is January 31st.
Extension request 8809 must be e-filed for IRS forms W-2G, 1094-C, 1095, 1097, 1098, 1099, 3921, 3922, and 8027 by March 31st.
For IRS Forms 1042-S and 5498, the due dates for Extension Form 8809 are March 15th and May 31st, respectively.
Note: The Extension Form 8809 only extends the amount of time you have to file your information returns, not the amount of time you have to pay your taxes. Any amount owed to the IRS must be paid in full by the original tax deadline.
Failure to file Extension Form 8809 or your information returns by the original tax deadline will result in fees and penalties from the IRS:
If your information is filed less than 30 days late you’ll be subject to a fee of $50, with a maximum penalty of $529,500 per year or $185,000 for small businesses.
If your information return is between 30 to 120 days late you’ll be subject to a $100 fee with a maximum penalty of 1,589,000 per year or $529,500 for small businesses.
If your return is more than 120 days late, or you failed to file at all you’ll be subject to a $260 fee with a maximum penalty of $3,178,500 per year, or $1,059,500 for small businesses.
How to E-file With ExpressExtension
ExpressExension is an IRS authorized e-file provider. Plus, we’ve taken the time to make sure that the e-filing process is quick and convenient, so you’ll have your extension automatically approved in a matter of minutes.
Simply create your free account with ExpressExtension and click ‘New Information Returns Extension’ in the dashboard to get started. Then you’ll be guided with step-by-step instructions on how to complete your form.
Then you can check your dashboard for live status updates. You’ll be able to see when your form reaches the IRS and when it’s approved. Also, you’ll be notified about your approval via email.
In the rare event that your form is rejected, you’ll be notified via email with instructions on how to correct your form. You can then correct your form and retransmit it to the IRS as many times as necessary for free.
If you have any questions please don’t hesitate to contact the dedicated ExpressExtension support team. We're available via live chat, and over the phone at 803.514.5155 Monday - Friday 9 AM to 6 PM. We also offer 24/7 email support at firstname.lastname@example.org.