When Do Employers Send Out W2?
Understanding W2 Forms and When to Expect Yours
A W2 form is an Internal Revenue Service (IRS) document that employers are required to provide to their employees by the end of each tax year. This document shows the amount of wages earned during the tax year and the amount of taxes withheld from those wages. Knowing when employers send out W2 forms can help you prepare for filing your taxes.
What is a W2 Form?
A W2 form is also known as a Wage and Tax Statement. This form is issued by employers to their employees at the end of each tax year to report the employee’s wages and taxes withheld from their wages. The form includes the employee’s name, address, Social Security Number, and employer identification number. It also includes the amount of wages earned and taxes withheld from those wages.
When Do Employers Send Out W2 Forms?
Employers are required to provide W2 forms to their employees by January 31 of each year. This means that employees should expect to receive their W2 forms by the end of January. If you have not received your W2 form by the end of the month, you should contact your employer to make sure that they have sent it. They may have the wrong address on file, or they may have forgotten to send it.
What if I Never Receive My W2?
If you never receive your W2 form, you should contact your employer to make sure that they sent it. If they confirm that it was sent, you can request a duplicate W2 form from the IRS. You can do this by filing Form 4506-T, which is a form used to request tax return information. You can also contact the IRS directly to request a duplicate W2 form.
What if my W2 is Incorrect?
If you receive your W2 form and it is incorrect, you should contact your employer to request a corrected form. They should provide you with a corrected W2 form within 30 days. If they do not, you should contact the IRS for assistance.
What if My Employer Refuses to Provide me With a W2?
If your employer refuses to provide you with a W2 form, you should contact the IRS for assistance. You can do this by filing Form 8862, which is a form used to report income that is not reported on a W2 form. You can also contact the IRS directly to request a duplicate W2 form.
Conclusion
Knowing when employers send out W2 forms can help you prepare for filing your taxes. Employers are required to provide W2 forms to their employees by January 31 of each year. If you never receive your W2 form, you can request a duplicate W2 form from the IRS. If your W2 form is incorrect, you should contact your employer to request a corrected form.