The IRS has reminded employers that the
New Electronic Filing Threshold for Forms W-2, W-2c, and 1099s
New lower threshold for required electronic ﬁling of information returns applies to tax year 2023 Forms W-2, Wage and Tax Statement, because they are required to be ﬁled by January 31, 2024.
In T.D. 9972 (TAXDAY, 2023/02/22, I.1):
The required electronic ﬁling threshold for certain information returns (including the 1099 series forms and most Forms W-2) was reduced from 250 returns to 10 returns. This new lower threshold is eﬀective for information returns required to be ﬁled in calendar years beginning with 2024. Employers determine whether they must ﬁle their information returns electronically by adding the number of information returns and the number of Forms W-2 they must ﬁle in a calendar year. If the total is 10 or more, they must ﬁle the returns electronically.
Corrected information returns, like Form W-2c, should be treated separately and are not included in this calculation. The employer must ﬁle the Form W-2c that corrects the original Form W-2 in the same way that the original Form W-2 was ﬁled, electronically or on paper.
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