1099-NEC late filing penalty calculator
For returns due in 2027 the IRS lists $60, $130 or $340 per return, depending on how late it is.
Worked example: 40 forms filed 31 days late or more, but by 1 August 2027, by a small business: 40 x $130 = $5,200, which is under the $698,500 yearly maximum.
The IRS table
| Year due | Filing delay | Per return | Yearly maximum, small business | Yearly maximum, large business |
|---|---|---|---|---|
| 2027 | Up to 30 days late | $60 | $244,500 | $698,500 |
| 2027 | 31 days late through Aug. 1 | $130 | $698,500 | $2,095,500 |
| 2027 | After Aug. 1 or not filed | $340 | $1,397,000 | $4,191,500 |
| 2027 | Intentional disregard | $690 | No maximum | No maximum |
| 2026 | Up to 30 days late | $60 | $239,000 | $683,000 |
| 2026 | 31 days late through Aug. 1 | $130 | $683,000 | $2,049,000 |
| 2026 | After Aug. 1 or not filed | $340 | $1,366,000 | $4,098,500 |
| 2026 | Intentional disregard | $680 | No maximum | No maximum |
From the IRS page: "We charge penalties for each information return you didn’t file correctly or on time, and for each payee statement you didn’t provide correctly on time." A late form can therefore count twice: once for the copy to the IRS and once for the recipient's copy. The calculator counts one of the two; double it if both were late.
Small business, in the 2025 General Instructions: "You are a small business if your average annual gross receipts for the 3 most recent tax years (or for the period you were in existence, if shorter) ending before the calendar year in which the information returns were due are $5 million or less."
The same page says the IRS also charges interest on a penalty, and that a corrected issue may reduce it. A rejected upload that is fixed and accepted late is still late, which is why a file that passes first time matters in the last week of January.
This page repeats what the IRS documents say and does the arithmetic. It is not advice on your own filing. Ask the IRS or a tax professional about your case.
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Open the 1099-NEC CSV fixerQuestions
- What is the penalty for filing a 1099-NEC late in 2027?
- For returns due in 2027 the IRS lists $60 per return up to 30 days late, $130 from 31 days late through 1 August, and $340 after 1 August or if not filed. Intentional disregard is $690 per return with no maximum.
- Is there a maximum penalty?
- Yes, except for intentional disregard. For returns due in 2027 the yearly maximum in the first tier is $244,500 for a small business and $698,500 for a large one.
Related
- 1099-NEC due date for tax year 2026
- IRIS TCC processing time: up to 45 days
- Why IRIS rejects a CSV file
Other answers: $2,000 threshold · 10-return e-file rule · Due date · Splitting names · Vendor list template · CF/SF states · Forms with CSV guidelines · TCC timing · Boxes 1a to 1d · All 54 columns · Required fields · Character limits · State codes · 250-record limit · Why files get rejected · Scientific notation · ZIP code format · Date format · Line breaks · Extra spaces · Periods and # · $0.00 cells · Y/N check boxes · Tax year · Error types · Headers do not match · From QuickBooks · TIN format · Key dates