Is there a filing deadline?

The filing deadline for both W-2 and 1099R wage and tax statements is February 28, 2008.

Employers must file their statements by the filing deadline. Maryland law does not provide for filing extensions for year-end reconciliations. Failure to comply with the W-2 and 1099 data reporting rules may result in a penalty of $50 for each violation, along with a $50 penalty or each annual W-2 or 1099 report that is not properly filed. Additional penalties may be assessed for failing to comply with Section 13-706 of the Tax-General Article, Annotated Code of Maryland.