Form W-2 is one of the most important documents you need during tax season. Employers must start sending out W-2’s in the mail by the end of January. The Internal Revenue Service has set a deadline of January 31 for them to do so. That means you should see your W-2 by the middle of February.
Employers use Form W-2 to keep a record of the income you earned, and the taxes withheld during the previous year. It records wages plus tips and commissions. Also, it breaks down withholdings into the federal, state, and Social Security taxes taken out of your previous years’ salary. All the financial details needed to fill out personal income tax documents are included, so the IRS can have a complete record of what you owe to federal and state governments.
Who Can Get a W-2 Online?
Employees of many different types of companies can do so. Even the military makes W-2 forms available on the Internet. A number of outsourcing companies make the form available, so you can download it from their websites. Companies contract with W-2 distribution and payroll companies with online features that make it simple to download your W-2 form.
How To Find a W-2 Form Online:
You can check with a tax preparation website to see if your W-2 information is available. Your company may not say the form is on the Web, but search for it anyway. A W-2 website will let you search for the organization or your Employee Identification Number when you log in. Input details such as gross pay and you should be able to get your W-2 if the company has made it available online.
If available, your W-2 will be downloadable. You can then print it out, so it can be sent to the IRS with other tax return forms. Even print multiple copies by repeating the same process. There will be a record you access the form online. Once you do, a paper copy will not be sent.
The benefits of this process include not having to wait for paper forms. You can also file your taxes sooner and even save paper. Millions of paper forms pass through post offices every tax season, so online W-2 access eliminates a lot of paper waste. Not to mention helps get your taxes done and refund issued earlier.
Get An Early Refund
Waiting for a tax refund is frustrating, and if you receive your W-2 document late in the game, that wait could be long. The W-2 Early Access solution means that you can submit an electronic version of your W-2 to H&R Block or TurboTax and they will start the process to get you your refund as quickly as possible. Why wait for your W-2 when it, and your refund, are only a click away?