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  TAX FORMS
W-2 Forms Ôø‡Ôø‡ 1099 Forms

 
 
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  All formats and constructions available - single and multiple parts. Contact Customer Service to request our free Tax Forms Catalog with illustrations of each form and special pricing.

 
  Or send us your file and we will laser print and mail your tax forms for you.

 
  MAGNETIC MEDIA REPORTING INFORMATION

 
  W-2 FORMS
Regulations make it mandatory for Employers who file at least 250 or more W-2 forms to file on Magnetic Media. Magnetic Media consists of Magnetic Tape, Diskette, Cassette and Mini Disk. If an employer files less than 250 forms he will continue to use copy "A" Paper returns. If using Magnetic Media is a hardship, the Social Security Administration may grant a waiver for a period of time not to exceed one tax year. If you are required to file on Magnetic Media and have not been granted a waiver you may be subject to a penalty of $50 per return. All employers who file via Magnetic Media must continue to provide copy B, C, and state or local copies to their Employees. Most states also accept Magnetic Media Reporting.

1099 FORMS
MAG-MEDIA REQUIREMENTS FOR ALL 1099 FORMS - NOW 250 MINIMUM. The change in the magnetic media filing requirements generally affects information returns relating to interest and dividend payments (Forms 1099-INT, DIV, OID, and PATR) and broker and barter exchange transactions (Form 1099-B). You are required to file such information returns on Magnetic Media only if you are required to file 250 or more returns.

OTHER INFORMATION RETURNS
If you are required to file 250 or more returns on Form 1098, 1099A, 1099G, 1099MISC, 1099R, 1099S, 5498, or W-2G you are required to file on Magnetic Media. For determining the number of returns you are required to file "count each type of form separately", for example, if you must file 300 Form 1098 and 100 1099MISC, you are not required to file Form 1099MISC on Magnetic Media.
The due dates for Magnetic Media Reporting are the same as for Paper Document Reporting. For further information concerning Magnetic Media Filing or information about a waiver contact: Magnetic Media Reporting, Internal Revenue Service National Computer Center, P.O. Box 1359, Martinsburg, WV 25401-1359, Telephone (304) 263-8700.

The following returns may be filed on Magnetic Tape to the IRS:

 
 
spacer 1099A 1099C 1099G 1099MISC
  1099PATR 1099S 1098 1098E
  1099MSA 1042S 1099B 1099DIV
  1099INT 1099OID 1099R 1099LTC
  1098 5498MSA W2G 1099Q
    5498    
         
 
  W-2 Forms are filed to the Social Security Administration.  
     
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