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What is the penalty for filing 1099 misc after january 31 2017

 
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Coleen3
Intuit Alumni

What is the penalty for filing 1099 misc after january 31 2017

If a business submits Form 1099 within 30 days from the due date, the penalty is $30 per form. If you file the form more than 30 days late but before Aug. 1, the penalty is $60 per form. The penalty increases to $100 for any form filed after Aug. 1 or not filed at all.

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