Employers send employees a Form W-2 in January (and a copy to the IRS). Employees use Form W-2 to prepare their tax returns. Every employer that paid you at least $600 during the year has to provide you with a W-2 and send a copy to the IRS and the state. Tip income may be on your W-2.

What should you do with my W-2 form?

What should I do with my W-2?

1. Use the information on your W-2 to fill out your income tax return. TaxSlayer makes it simple to do this.
2. Submit your return before April 15th. This is the tax filing due date.
3. If your W-2 was sent to you by email, you should print a copy for your records.

What to do if you dont have a W-2?

If you still don’t have a W-2 by Feb. 15, call the IRS at (800) 829-1040, and a representative will contact your employer to request the missing form. The IRS requires a pay-as-you-go tax.

What happens if you have more than one W-2 form?

Multiple W-2 Forms from Different Employers. Employers must report the income they pay each employee and the amount they withhold on a Form W-2. If you worked for more than one employer during a tax year, you’ll have more than one W-2 form.

Where do I put my W-2s on my tax return?

For example, if you file Form 1040 U.S. Individual Income Tax Return, add the amounts in B ox 1 (Wages, tips, other compensation) on all your W-2s, and transfer the total to Line 7 on Form 1040 (Wages, salaries, tips, etc.). You can download the instructions for Form 1040 at IRS.gov.

Do you have to fill out IRS Form W-4 when you start new job?

New Job. When you start a new job, you must fill out IRS Form W–4 and give it to your employer. The Withholding Calculator can help you determine how to have the right amount of tax withheld from your paycheck. You can also use the worksheet from the Form W-4. Your employer should have blank copies of the form.