When you start to file your taxes there are a few different documents that you are going to need to access with one of the main ones being the W-2 Form.
There should be no problem getting your W-2, however, because each company that you worked for during the year is responsible for sending it to you so you can have it before January 31.
Who Has Access to W-2’s Online?
Not all taxpayers will be able to get their W-2 from online. Only taxpayers who have employers who use payroll services will have online access to their W-2’s. The good news is many employers are making their employees W-2’s available online so the tax filing process can be easier. The best part is if you use Turbo Tax, they will import the information for you for accuracy and speedier tax returns.
What Happens if You Move and Miss Your W-2?
Quite a few taxpayers miss their tax documents because they have moved and the documents go to their old addresses. If you are able to access your W-2 online, this will not be a concern. Furthermore, when you have online access to your tax documents you are able to get them faster than you would waiting on snail mail. This means you can be ahead of all of the taxpayers who have not received their documents in the mail.
When you get your W-2 form online, you will be notified via email once they are available. Once you access them, you can download and print them whenever you need to access them. This allows you to eliminate trying to keep your documents in a safe place or misplacing them.
The bottom line is if you get your W-2 form online you will get the same information that you receive in the mail but online versions come with more benefits. In fact, the only difference between the forms is one is digital. Nevertheless, as with your mailed W-2 you will want to make sure that the information is correct. Important things to check are your name and social security number.
What to do if Your W-2 Information is Incorrect
If you find that, there is an error on your W-2, you need to contact your employer to have it fixed. They have sent this information to the IRS already who will be expecting you to send information that matched the document or provide an explanation.
Additionally, if your W-2 has not arrived yet you have to find out what the holdup is even if it is just a small amount of money. The IRS will have the W-2 and they will want answers as to why you did not file it.
Importing Tax Information into Your Tax Return
If you decide to get your W-2 online, you will find it is a breeze to keep track of your tax information. If you have not gotten your W-2 online and it is available, you should definitely consider doing so.
We recommend that you file your taxes with Turbo Tax because they import your W-2 information into the correct form to insure that tax filing is as easy as possible. By going with Turbo Tax you decrease, the chances of your tax return containing errors and they guarantee that you will get the largest refund ever or pay the minimum amount of taxes possible.