One of the most frustrating things in the world when you’re trying to get your taxes done is not having all the forms necessary. Typically, the last forms to come in the mail are W2 forms from employers. They seem to always wait until the last minute to issue them. Usually most companies will send W2 tax forms on the last payday of January.
There is a way that you can get a head start on your taxes however. Did you know that you can get your w2 form online? It makes perfect sense to do so as well with everything moving into digital format why shouldn’t your W2 be accessible this way as well.
So you’re looking at the first of February before you have everything just to get started on your taxes. Most tax preparers want all the paperwork before they even begin to work on your taxes as well so if you have a small business or 1099s that accompany your W2 then the wait could seem like months just to get something done.
While this is certainly a step in the right direction you’ll still need a copy to take to your tax preparer so be sure to print it out. You can get the printable w2 tax form as well so don’t worry. This allows people like me who don’t like waiting until the last minute to get things done to get a step ahead of the game.
This year get your w2 online and see what kind of difference it makes in your tax preparation time and filing.