HB 652 -- W2 ELECTRONIC FILING THRESHOLD

SPONSOR: McGirl

Currently, an employer with at least 250 employees must electronically submit a tax return that indicates the amount of taxes withheld on wages in the previous tax year by January 31.

Beginning January 1, 2026, an employer with at least 10 employees must abide by the same rules and standards.

Statutes affected:
Introduced (1700H.01): 143.591