It's the most wonderful time of year! Year-end. As you process payroll during this time, be sure to keep these dates and deadlines for the W2 and 1099 Tax Forms in mind:
December 2021 
December 27
- This is the last day to process a direct deposit payroll with a 12/31/2021 pay date to be included on 2021 W-2.
December 29
- This is the last day to process a manual or off-cycle payroll (with direct deposit turned off) with a 12/31/2021 pay date to be included on 2021 W-2.
- Employers who process a manual or off-cycle payroll will be required to write checks to pay their employees.
January 2022
January 1
- Forms W-2 / 1099-NEC for 2021 will be available for review in Wagepoint.
January 7
- 2021 W-2 adjustments will need to be completed by 8 pm ET.
- This is the last day to change auto-submit setting for year-end forms.
January 17
- If applicable, email notifications will be sent outlining outstanding taxes owed and confirming that it will be drafted from your company bank account.
January 31
-
If applicable, Wagepoint will draft your company bank account for any outstanding taxes owed.
Week of January 24, 2022
- The following documents will be made available in PDF format in the Reports tab in Wagepoint:
- QE4 Report (includes Form 941)
- Form W-2 for 2021
- Form 1099-NEC for 2021
- Employees can access their individual W-2s / 1099s through the online portal (the same place they view their pay stubs.)
- If you have active or terminated employees who don’t have access to their Wagepoint employee accounts online, you'll need to print and physically mail or hand out their W-2 / 1099.
February 1, 2022 onward
- If applicable, you can request amendments for any year-end reports that have been electronically submitted.
- For W-2s, W-3s and 1099s — it will cost $10 per form.
- For Forms 941, 940 or state forms — it will cost $99 plus applicable professional fees.
We're here to help.
The best way to reach us is by submitting a ticket from within Wagepoint. You can also reach us by email at us_support@wagepoint.com.
Want to learn more?
Access other important year-end goodies in your Year-End Survival KIT:
- A Closer Look At The Amounts On The W2 And 1099 Tax Forms
- Don't Be Haunted By Payroll Errors This Year-End
- Helpful Resources For US Year-End
- How To Guarantee A Smooth Payroll Year-End In 8 Easy Steps
- Important US Payroll Dates For The Holidays
- Set Up Your US Payroll Correctly For 2022
- The 2021 Year-End Checklist For US Small Businesses
- Wire Transfer Requirements For Large Payrolls In The US
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