How To Get A Copy Of A Lost W-2 Or 1099 |
Posted: October 27, 2022 |
A 1099-MISC form serves a similar purpose for independent contractors . It is essential that employees and independent contractors have the information on these forms to accurately complete their federal tax returns. These forms come from employers. Every January 31, employers are required to send employees copies of Forms W-2 and 1099. But sometimes those forms are not sent, get lost in the mail, or are lost by the taxpayer before the filing deadline. April 15. If this occurs, the taxpayer may not file the return on time, and may incur penalties and interest for not filing it.
It is common for business owners to misplace important tax documents. To avoid losing W-2s, Collins recommends that both businesses and individual taxpayers keep careful records.
HOW TO GET A W-2 Fortunately, if you're wondering how to get your W-2, there are some ready answers. In most cases, you won't have to do anything other than check your mail. This is because companies are required to send out W-2s to all employees by the end of January. However, this does not always happen. W-2s can get lost in the mail and are sometimes misplaced by the taxpayer after receiving them.
Some tax preparation companies may be able to send you import copy of w2 online. If you use a tax preparation company, visit the company's website and see if you can request that they email you a copy of your lost W-2. The IRS also has an online tool for requesting wage and income transcripts. This allows you to get the information—but not the actual form—that was reported on W-2s, 1099s, or other forms. However, there is a possible catch. Transcripts of current year salary and tax information may not be available on the IRS website until July, after the usual April 15 filing date. WHAT TO DO IF YOU LOSE A W-2 OR 1099 Sometimes you can't use your tax preparer's service and the IRS doesn't have your current year's information available. If that happens, there are several other answers to the question of how to get a lost W-2. CONTACT YOUR EMPLOYER Whatever the cause of a lost W-2, the first place to look is the company. “If the documents are lost, the taxpayer just has to contact the issuer of the document and request a replacement,” says Collins. The company should be able to provide a copy of the original W-2 upon request. CALL THE TREASURY If the employer does not comply or cannot be located, the IRS will help . Be prepared to give your name, address, phone number, taxpayer identification number, and dates of employment. You will also need your employer's name, address, and phone number, and, if you have one, your employer identification number. The Tax Agency will take over from there. The agency will contact the employer to request the missing form. FILE ON TIME Sometimes neither of these approaches is successful, and you may not be able to get lost documentation before April 15 from your own files, your employer, or the IRS. If you're wondering, "What if I've lost my W-2 and nothing works?" Don't worry, you can still file the declaration on time. When you contact the IRS for an answer to the question of how to get your lost W-2, in addition to notifying your employer, the agency will send you a Form 4852 . This form can be used as a substitute for the lost W-2. All you have to do to replace your lost Form W-2 is calculate your wages and taxes on nationaltaxreports.com withheld and fill in the amounts on Form 2852.
Any taxpayer can obtain an automatic extension to file by filing Form 4868 . This will give you another six months after the usual April deadline to file your return. Keep in mind, however, that you need to estimate your tax liability and pay before the normal April filing deadline.
|
|||||||||||||||||||||||||||||||||||||||||||
|