W-2 and Information Return Penalty

The Minnesota Department of Revenue may assess a $50 penalty each time you:

• Do not provide your employee a federal Form W-2 or information return (federal Form 1099)
• Do not provide the department a W-2 or information return
• Provide the department a false or fraudulent W-2 or information return
• Refuse to provide all information required on a W-2

Our maximum penalty is $25,000 per year.

For details on our W-2 requirements, see Forms W-2 and 1099.