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How To Get Your W-2 Form from Your Previous Employer
As people try to earn a living, they switch careers as they search for greener pastures. It is crucial for an individual to get the form in time to file his or her tax return and avoid violating the rules. The report provides information regarding your year and indicates if the employer has been deducting the right amount form your wages or salary. At times you can request a refund, or you can end up paying more to the IRS.
It is essential for an employee to refer to the form when filing returns. The report shows various figures among them; your wages, deductions, insurance and retirement plans It gives the figures surrounding your gains and makes it easier to calculate your taxes. Unlike those who have their jobs and they are not confident in paying a particular amount of tax, the document gives your yearly wages, and the employer has to abide by the rules.
Thus, you should take a step to acquire the form to avoid having problems with the authorities; even if you are in a transition whereby you are changing jobs, make a point of getting the document from the former employer. You can check out the following tips on how to collect your w-2 form.
Create Time to Visit the Administrators
Each institution has measures in place to take care of employee’s remunerations and other benefits, you should check with the department. You can inform the individuals of your intentions by calling them or even email them. In the process, you can also crosscheck various pieces of information to determine fir they are accurate before the firm sends the documents. Have a follow-up plan to make sure that the w-2 form will not come in late and cause any inconveniences. By visiting the office, there are no chances the records can get to the wrong address, and if there are any challenges, you can always consult with the management and resolve it quickly.
If you cannot access your employer, you can call the IRS and inquire from them. They can provide aid to you by making an effort to call the individual. You should submit an identification number of the employer; you can get it from previous documents. The authorities will then send a reminder to the employer.
Use Other Channels
If you cannot access your form in time, it is wise to go for other means of ensuring that you pay your taxes and avoid penalties. You can get directions from IRS and file your returns in time.
The Reasons Why the W-2 is Essential
It presents how much you get in a year and the various contributions. You can use it in a tax filing process and claim your refund if any.