A W-2 tax form shows important information about the income you’ve earned from your employer, amount of taxes withheld from your paycheck, benefits provided and other information for the year. You use this form to file your federal and state taxes.
Haven’t Received Your Form W-2 Yet? Take These Steps Your employer should be your first point of contact if your W-2 is late. But if you can’t get ahold of them, you can reach out to the IRS for help. By Kay Bell and Tina Orem Updated Mar 13, 2024 Edited by Robert...
Box 11:Details how muchdeferred compensationwas received from the employer in anon-qualified plan. Box 12:Shows other types of compensation or reductions from taxable income and a single or double letter code for each. It might include contributions to a401(k) plan. Codes are detailed in theIRS...
As an employee, keep an eye on your mailbox or inbox as January ends. When February rolls around and you still don't have your W-2, it's a good idea to contact your employer to make sure it's on its way. In many cases, addresses or emails are outdated. Such errors can cause d...
Statutory employee means employees whose earnings are subject to Social Security and Medicare taxes but not federal income tax withholding. Retirement plan means you participated in your employer’s retirement plan during the year. Third-party sick pay means you received sick pay under your employer’...
For me, and for most people, filing taxes is little more than data entry. I hold in my hand my W-2 form from my employer and dutifully peck in my wages. Next come the 1099 forms that list my earnings from dividends or interest, and again my finger gets to work. The IRS has a ...
Box a Employee’s social security number Taken from Employee Social Security Number in the Employee Maintenance window. Box b Employer’s identification number (EIN) Taken from Employer Identification Number in the Year-End Print W-2 Forms window. The Employer ID Number is entered originally in ...
If your employee applied for a Social Security card and has not received it, don’t leave the box blank. Instead, write “Applied For” in Box A on the Social Security Administration copy. When the employee receives their SS card, you must issue a corrected W-2. W-2 Box B: Employer...
If you have not received your W-2, follow these three steps: 1. Contact your employer first. Ask your employer – or former employer – to send your W-2 if it has not already been sent. Make sure your employer has your correct address. ...
check your original hiring paperwork. You may have opted out of paper delivery of your forms, which means you likely have instructions for accessing the portal. You may also have issues accessing your W-2 if you're no longer working for a particular employer from the previous year. The busi...