Q. (cont.) Please advise what should I do at this point to avoid any penalty from IRS due to late submission.
A. The change to the filing deadline has not occurred yet. It will apply to 1099s filed next year, reporting 2016 payments. This year’s deadline remained Feb. 29, so you filed on time.
On the AP & P2P Network, see Update: The Consolidated Appropriations Act and New Dates for 1099 Filing.