January 31 deadline: Employers to issue and file wage statements; Businesses to provide Forms 1099-MISC and 1099-NEC to recipients

By law, employers are required to file copies of their Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by January 31.

The IRS reminds businesses and other payors that the Form 1099-MISC, Miscellaneous Income, and the Form 1099-NEC, Nonemployee Compensation, must be furnished to most recipients by January 31 and submitted to the IRS by February 28..