Reach Out to Your Employer or HR Department
If you haven’t received your W-2 form from your employer, time is of the essence.
Taking the right steps promptly can help ensure your tax return is submitted accurately.
Here’s a simple guide on what you should do next:
Start by contacting your employer or human resources.
Sometimes, delays in W-2 distribution are due to technical issues or errors in your contact information.
Request a duplicate or ask if they can provide an electronic version.
Filing with Form 4852
While you wait for your W-2, take a look at your pay stubs.
They can offer vital information: the amount of taxes withheld and your total earnings for the year.
This data can assist you in preparing your tax return, even if the W-2 isn’t in hand yet.
If the W-2 still hasn’t arrived, you can file your taxes using Form 4852.
This form allows you to estimate your income and withheld taxes.
Keep in mind, however, that using this method may delay your refund since the IRS will need to verify your estimated figures.
Know Your Employer’s Obligations
If you don’t hear back from your employer by the end of February, don’t hesitate to reach out to the IRS at 1-800-829-1040.
They can assist you in obtaining your W-2 and provide guidance on your next steps.
Employers are legally required to issue W-2 forms by January 31 each year.
If your earnings totaled more than $600 and you haven’t received your form, it’s essential to act quickly.
If you suspect your employer is intentionally withholding your W-2, it’s important to know that the IRS can impose penalties for this misconduct.
You can file a complaint with the Department of Labor, and consulting an employment attorney may also be a worthwhile option.
Being proactive and informed helps you navigate this issue effectively, ensuring you can file your taxes accurately and avoid potential penalties for missing documentation.
Source: Legalreader