What is Form 15397?
Form 15397 is an application that businesses can use to request a one-time extension of up to 30 days for providing copies of information returns, such as Forms 1099 and W-2, to their recipients. This form is crucial for businesses that encounter unexpected delays and need additional time to complete their filings. By submitting this application, companies can ensure that recipients receive their statements promptly, even when the business is experiencing setbacks. To process this request, the form must be faxed to the IRS and include essential details like transmitter information and the reason for the extension.
What is Form 15397 used for?
Form 15397 is important for those needing extra time. Here’s what it’s used for:
- Requests a one-time extension of up to 30 days.
- Applies to distributing copies of information returns (like 1099, W-2, etc.) to recipients.
- Must be submitted before the original distribution deadline.
How to fill out Form 15397?
- 1
Complete Form 15397 by filling out the required information.
- 2
Identify the original deadline for furnishing recipient statements.
- 3
Ensure accuracy by verifying all details before submission.
- 4
Fax the completed form to the IRS by the original deadline at 877-477-0572 (International: 304-579-4105).
Who is required to fill out Form 15397?
Issuers and transmitters are responsible for completing Form 15397. This includes businesses and organizations seeking an extension for providing information returns like Forms W-2 and 1099-NEC to recipients.
When is Form 15397 not required?
Form 15397 isn’t required if you meet the deadline for furnishing recipient statements. It also isn’t needed if delays arise from circumstances beyond your control, like natural disasters. If you've already received an automatic 30-day extension, you don’t need to file this form either.
When is Form 15397 due?
The deadline for Form 15397 is the due date of the original recipient copy for the respective information returns, but it cannot be submitted before January 1st. Your request must be received by the date the statements are due to recipients. If approved, you will usually get a 30-day extension to provide the statements.
How to get a blank Form 15397?
To get a blank Form 15397, simply visit our website. The form, issued by the Internal Revenue Service (IRS), is pre-loaded in our editor for you to fill out. Remember, our platform aids in filling and downloading but does not support filing forms.
How to sign Form 15397 online?
To sign Form 15397, Application for Extension of Time to Furnish Recipient Statements, you can create a simple electronic signature that complies with IRS guidelines. Remember, handwritten signatures are not necessary. After filling out the form using PDF Guru, you can download it for your records. However, keep in mind that PDF Guru does not support submission of the form, so check for the latest updates on submission requirements before proceeding.
Where to file Form 15397?
To submit Form 15397, you can fax it to the IRS Technical Services Operation. Ensure it’s directed to the Extension of Time Coordinator.
Alternatively, you can file the form online via the IRS website. For assistance, reach out directly to the IRS.
