14 February 2019 North Carolina DOR waives penalty for failure to file Forms W-2 electronically The North Carolina Department of Revenue announced that the penalty for failure to file the 2018 Forms NC-3, Annual Withholding Reconciliation, and Forms W-2/1099 electronically with the Department will be automatically waived (no need to request a waiver). However, the deadline for filing, whether electronically or on paper, remained January 31, 2019. The Department has in the past waived the electronic filing penalty, but had announced that for calendar year 2018 a penalty of $200 would apply unless the employer requested and was granted an electronic filing waiver. Under Session Law 2015-259, the Department is required to assess a $50 penalty against an employer that fails to file an information return with the Department by the date the return is due and in the required electronic format. Session Law 2018-5, effective June 12, 2018, will subject employers to an additional penalty of $50 per day, up to a maximum penalty of $1,000, for failure to file Forms NC-3, W-2 and 1099 by the date the returns are due (January 31) and impose a new $200 penalty for failure to file informational returns electronically. For more information on filing Forms W-2, see the Department's website. See also EY Payroll Newsflash Vol. 19, #194, 12-4-2018 for information on the 2019 state income tax withholding guide and tables.
Document ID: 2019-0362 | |||||||
