News & Alerts

News for the 2011 Tax Season

Released January 2011

New Form Types Added

1099-G, 1099-SA, and 5498-SA added for Tax Year 2010!

Print and Mail Deadline

5PM PST on Friday, January 28th is the deadline to guarantee that your forms are printed & mailed (postmarked) by the IRS deadline! Forms received after the January 28th deadline will continue to be printed & mailed as quickly as possible.

Electronic Filing Deadline

Midnight PST March 30th is the deadline to guarantee that your forms are electronically filed by the IRS deadline! Forms received after the March 30th deadline will continue to be filed as quickly as possible. *Note*  The deadline for forms being printed, mailed, and electronically filed is Midnight March 28th to guarantee that the forms are filed by the IRS deadline.   E-file transmissions begin on March 16.

Support for SSN Masking

Updated January 2011
IRS Notice 2009-93 allows filers to mask Social Security Numbers on paper payee statements. Recently, eFileMyForms has announced that SSN Masking will be incorporated into its service.

The SSN Masking feature prevents companies from exposing themselves to unnecessary risks and liability. With the IRS's approval of SSN Masking, the responsibility to protect the security and identity of recipients now falls onto the companies that send out statements that include social security numbers. IRS Notice 2009-93: Truncating Social Security Numbers on Paper Payee Statements

There are 3 requirements that must be satisfied in order for a filer to mask TINs:

• The identifying number is a social security number, IRS individual taxpayer identification number, or IRS adoption taxpayer identification number.
• The identifying number is truncated by replacing the first five digits of the nine-digit number with asterisks or Xs (for example, a social security number 123-45-6789 would appear on the paper payee statement as ***-**-6789 or XXX-XX-6789).
• The truncated identifying number appears on a paper payee statement (including substitute and composite substitute statements) in the Form 1098 series, Form 1099 series, or Form 5498 series for calendar year 2009 or 2010.