MODIFICATION OF FILING DATES OF RETURNS AND STATEMENTS RELATING TO EMPLOYEE WAGE INFORMATION AND NONEMPLOYEE COMPENSATION TO IMPROVE COMPLIANCE.

SEC. 201. MODIFICATION OF FILING DATES OF RETURNS AND STATEMENTS RELATING TO EMPLOYEE WAGE INFORMATION AND NONEMPLOYEE COMPENSATION TO IMPROVE COMPLIANCE. (a) [26 U.S.C. 6071] In general.—Section 6071 is amended by redesignating subsection (c) as subsection (d), and by inserting after subsection (b) the following new subsection: “(c) Returns and Statements Relating to Employee Wage Information and Nonemployee Compensation.—Forms W-2 and W-3 and any returns or statements required by the Secretary to report nonemployee compensation shall be filed on or before January 31 of the year following the calendar year to which such returns relate.” . (b) [26 U.S.C. 6402] Date for certain refunds.—Section 6402 is amended by adding at the end the following new subsection: “(m) Earliest Date for Certain Refunds.—No credit or refund of an overpayment for a taxable year shall be made to a taxpayer before the 15th day of the second month following the close of such taxable year if a credit is allowed to such taxpayer under section 24 (by reason of subsection (d) thereof) or 32 for such taxable year.” . (c) [26 U.S.C. 6071] Conforming Amendment.—Section 6071(b) is amended by striking “subparts B and C of part III of this subchapter” and inserting “subpart B of part III of this subchapter (other than returns and statements required to be filed with respect to nonemployee compensation)”. (d) [26 U.S.C. 6071 note] Effective Dates.— (1) In general.—Except as provided in paragraph (2), the amendments made by this section shall apply to returns and statements relating to calendar years beginning after the date of the enactment of this Act. (2) Date for Certain Refunds.—The amendment made by subsection (b) shall apply to credits or refunds made after December 31, 2016.