Crutial Guidelines for Obtaining a W-2 from Your Previous Employer
Regardless of whether or not taxes make your head to spin when you think about them, they are a decisive part of living in today’s society. If you happened to shift your job and you want to know the tips for getting a W-2 from your previous employer, consider the guideline below.
W-2 also known as Wage and Tax Statement outlines the compensation you got from your previous employer over time. As an employee, you tend to receive this form, at the beginning of the year. Basically, W-2 outlines of you owe tax money off if you will get a tax refund. Hence, having this document is very crucial to enable you to determine your profits. The amount of money you have paid for your health insurance, if you have made any other deductions are other things W-2 offers to an employee in addition to a summary of your compensation.
To get a W-2 from your previous employer, the first step is to consider reaching out to him or her. It is advisable to consider asking the previous HR representative for a copy. Ensure you have issued them with the correct address. On the other hand, you can obtain your W-2 by contacting your payroll administrator.
To obtain a W-2 form; you may need to call the IRS which makes it easy for you. You do not have to fear if all the other means do not work. It would be wise if you gave all the information in regards to your former employer by making a direct call to Uncle Sam. IT may also be necessary to give the details of your payments as well as benefits. It may also be essential for you to locate the Employers Identification Number which makes it simple for everyone. In the pay stub that is in the form you got the previous year, you can find the employers number. The IRS will take the initiative of asking the employer to present the form that is missing. You will be given a form 4852 which you have to fill.
By filing your taxes, it becomes easy to get your W-2 form from your boss. It does not matter what time you obtain the W2, you must make payments for your taxes by April 15th. You might be required to approximate your savings as well as wages, so you do not get late in paying your taxes. The IRS gives a room to use form 4852 instead of W2. You would only use the form 4852 when your boss provides the wrong information in the forms or when he does not bring the W2 forms at all.