Is there a filing deadline?

The filing deadline for both W-2 and 1099R wage and tax statements is the last day of February each year. If the due date falls on a Saturday, Sunday or legal holiday, the statements must be filed by the next business day.

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.