IRS Form 15397 is a recently introduced form used to request an extension of time to furnish recipient copies of certain information returns, such as Forms W-2 and 1099-NEC. It complements Form 8809, which is used to request an extension for filing the forms themselves.
Key points about Form 15397:
- It applies specifically to extensions for furnishing copies to recipients (e.g., employees or contractors), not for filing with the IRS.
- The form must be completed and faxed to the IRS. The process includes providing transmitter information, the type of form, and the reason for the extension request.
A business may use Form 15397 if it needs additional time to provide 1099 forms to contractors due to unforeseen delays. The form allows for up to a 30-day extension for this purpose.
