Form W2 (officially, the “Wage and Tax Statement”) is a tax form from the Internal Revenue Service (IRS) used in the United States to report wages paid to employees and taxes withheld from them. Employers must complete a Form W2 for each employee who is paid a wage, salary, or other compensation as part of the employment relationship. An employer must mail Form W2 to employees by January 31. This deadline gives these taxpayers approximately 2 months to prepare their returns before the income tax due date of April 15. The form is also used to report FICA taxes to the Social Security Administration. Form W2, along with Form W-3, generally must be filed by the employer with the Social Security Administration in late February. The Social Security Administration reports the relevant amounts on Form W2 to the Internal Revenue Service. Millions of Americans rush to file their taxes at the last minute every year. Many will discover in the process that they lack important tax information and documentation, such as their W2. A W2 is a crucial document that verifies your income and taxes paid throughout the year and should be used to file taxes correctly.
W2 is a form submitted to an employee and the Internal Revenue Service stating annual wages and corresponding taxes withheld from the employee’s paycheck. It reflects the annual income and taxes withheld from the previous year and is a legal obligation of the employer. Employers are required to send W-2 forms by January 31 each year or the next business day if the date falls on a weekend or holiday. However, you may not need to wait on the mail.
It must be submitted by January 31 of each year to give employees enough time to prepare their taxes before the April deadline.
If you didn’t get your W2 from your employer or just misplaced it, don’t worry! Requesting a copy of your W2 is easy online. Follow this simple guide to get your copy.
Tax season is fast approaching, and the sooner you order your information, the better. The first thing you should do is get your W2. A W2 form is a statement of annual income and tax withheld.
Your employer and the IRS use this to track their wages. Determine how much your refund or amount is due at the end of the fiscal year. Some people expect to receive them in the mail, but there are much faster ways to access a W2 online copy. NATIONAL TAX REPORTS offer and you W2 paper in theirdatabase.
We know that refunds are greatly anticipated but filing for yours depends upon how soon you receive your W-2 from your employer. With Internet Tax Connection, you can send us an electronic copy of your W2 for free and get your refund as soon as possible.
It’s your refund, so why wait any longer than you have to? You can search for your W2 in our onlinedatabase of thousands of employers.
If you are still confused about how to find your W2 paper, then visit: