Top 5 Tips to Prepare for the W-2 & 1099 Filing Deadline

Top 5 Tips to Prepare for the W-2 & 1099 Filing Deadline

Jan 5th 2024

The IRS significantly reduced the W-2 and 1099 e-file threshold for 2023, impacting most businesses. Make W-2, 1099 and 1095 filing less stressful for your business this year!

Our Top 5 Tips to Prepare for the January 31 Deadline:

1. Look for E-Filing in Your Software:

Electronic filing (referred to as e-file or paperless), allows you time savings and convenience. The most secure and reputable e-filing option is one that’s already available to you through your company’s software. Paperless filing is even easier when your software offers you a complete filing service that includes print, mail, and electronic delivery of recipient copies.

2. Complete E-Filing (Print & Mail Services)

Using a service that prints, mails, and electronically delivers recipient copies for you, can help you hit the January 31 st recipient deadline, as well as save you time and supply costs. Print and mail services make sending recipient copies especially simple for you. Your software may already provide a complete e-file tool with this service. No need to stuff envelopes or buy postage.

3. Easy State Filing

A paperless filing tool that’s through your software can help you meet all state requirements in a matter of a few clicks. Keeping up with state requirement changes and the various deadlines is a hassle. Complete e-file tools that are through your software work with state agencies to help correctly submit all your filing information.

4. Help From Filing Experts

W-2, 1099 and 1095 filing experts, like Nelco, partner with software companies so that you will have an easier time navigating the hardships of filing when using your software. Nelco representatives are available to offer demos of your software’s complete e-file tool, as well as answer questions. Nelco’s complete e-file tool through your software helps you easily meet all federal, state, and recipient requirements. This is even more important with the new reduced e-file threshold mandate.

5. Know IRS Requirement Changes

E-filing may now be mandatory for your business. The IRS officially lowered the W-2 and 1099 e-file threshold from 250 to 10 forms in Tax Year 2023 (to be filed in 2024). This regulation includes the total for all aggregated forms filed (W-2, 1099, 1095, etc.). Learn more here.

If you need help, Nelco has many options through your software tool that will help make your filing experience easy. For more information about complete e-filing in your software or the e-file threshold regulations, visit