How To Deal with Errors on Form W-2
It is such a great feeling of accomplishment when you finally complete and submit all your employees’ W-2s and transmit them to the IRS. You breathe a sigh of relief and get ready to draw a huge check mark on your to-do list…then you see it.
An error on one or more of your employees’ W-2 and that sinking feeling sets in. Don’t panic, and don’t feel defeated! Fixing these issues is easier than you think, and quicker too.
This is a quick and easy guide to understanding and completing Form W-2c.
What is Form W-2c?
Form W-2c is a corrections form that is designed to amend certain mistakes that you have made in your W-2 Form.
What is the deadline for correcting Forms W-2
This form itself has no deadline but the sooner you submit it the better. In other words, as soon as you notice a mistake, you must file a correction. This form must be transmitted to the SSA and you must send the amended form to the employee.
What errors must be corrected on Form W-2?
If you notice the following type of errors on Form W-2, you should amend the information using Form W-2c:
- You listed the incorrect tax year
- You entered employee names incorrectly
- You entered employee SSN incorrectly
- You entered incorrect wage or tip information
- You entered incorrect Social Security withholding
- You entered the incorrect amount of federal income taxes withheld.
- You entered incorrect dependent care benefits information.
- You need to void a W-2 that shouldn’t have been filed for this employee.
How to file Form W2-c
If you have filed your Form W-2 with TaxBandits, amending your return is quick and easy. Simply follow these quick instructions:
- Enter your federal correction details.
- Enter your state correction details.
- Review your Form W-2c.
- Choose the services that you want, select postal mailing and we will mail your employee an amended return or you can provide them with online access to their amended form.
- Transmit your Form W-2c.
- Download employee copies
For more information on how to file Form W-2c, check out this video!
Start filing your Form W-2c today with TaxBandits!
