State Law Change Matches Deadline with Internal Revenue Service
LANSING, Mich. – The Michigan Department of Treasury reminds business taxpayers that wage statements are due in less than two weeks.
A new state law requires that wage statements — such as W-2s and 1099s — must be submitted to the state Treasury Department on or before Jan. 31, 2019. This change makes the state deadline the same as the Internal Revenue Service’s deadline.
“Business taxpayers need to be aware that the new state deadline is now a month earlier than last year,” said State Deputy Treasurer Glenn White (Shown Left), who oversees Treasury’s Tax Administration programs. “For the convenience of business taxpayers, both state and federal wage statement deadlines are now the same. If deadlines are missed, there could be processing delays and penalties applied.”
Business taxpayers may electronically upload their wage statements by using Michigan Treasury Online (MTO). Employers with more than 250 employees must file their wage statements electronically.
For more information about MTO and how to file wage statements electronically, visit mto.treasury.michigan.
Although the wage statements are due on or before Jan. 31, 2019, the Sales, Use and Withholding Taxes Annual Return (Form 5081) is still due on Feb. 28, 2019. Wage statements filed on or before the Jan. 31 due date need not be submitted again with Form 5081.