Table of Contents
Commonly Asked Questions
What information is included on a W2?
A W2 form is an IRS document used to report an individual’s wages and taxes withheld from their paychecks during the year. It will include the following information:
1. Employee’s name, address, and Social Security number.
2. Employer’s name, address, and Employer Identification Number (EIN).
3. Amounts paid for wages, tips, other compensation, and any Pretax additions or subtractions (such as deductions for qualifying retirement plans).
4. Taxes withheld from employee paychecks including federal income tax, social security/Medicare taxes, and state/local taxes that were withheld.
5. The total amounts of wages subject to each type of tax withholding in boxes 3-6 should equal the sum of all gross wages earned throughout the year in box 1.
6. Any money withheld for Pre-Tax contributions such as 401(k), Flex Spending Accounts (FSAs), and Health Savings Accounts (HSAs).
How do I check the status of my W2?
Checking the status of your W2 can be done in a few simple steps. First, contact your employer to see when they plan on issuing W2s and if it has already been sent out.
If your employer has already issued W2s but you have not yet received yours, contact them again or reach out to their payroll department. You can also use IRS’ Form 4506-T to request copies of previously filed W2s.
Finally, if neither of the above methods are successful, you may need to file an amended tax return with the IRS once you obtain your W2.
Be sure to keep an eye on any notifications from the IRS; they could indicate that additional paperwork is needed in order to complete your filing requirements.
What should I do if I don’t receive a W2?
If you don’t receive a W2, the best thing to do is to contact your employer right away. Explain that you haven’t received it and inquire whether they have any record of it being issued.
It’s also important to double-check with HR or payroll to make sure there were no errors with your address, as this could be why you didn’t receive it.
If necessary, you can also ask for a replacement form to be issued by your employer. You should try to get a new W2 promptly so that you are not late in filing your tax return.