Snow is falling all across the nation, and you know it’s cold outside. While it might be tempting to hide indoors with a mug full of hot cocoa relaxing, you could actually be spending time getting ahead start on tax season. This is because TaxBandits is already accepting W-2 Forms so you can file now!
TaxBandits is the streamlined, step-by-step e-filing solution for small businesses that was developed to help you steal back your time. All you have to do is follow the interview style instructions to complete your form and transmit it directly to the IRS. We will even explain exactly how to file!
How To File Form W-2
First of all, we will go over the Form W-2 deadlines so you will know exactly when you need to file, even though it’s best to go ahead and file as soon as possible to avoid facing major penalties.
You must have copies mailed to your employees by January 31st, 2018. January 31, 2018 is also the deadline for paper filing or e-filing your W-2 Form.
In order to complete Form W02 you will need:
- Your employer information, including the name, EIN, employer code, employer type, and address.
- Your employee information, including their name, SSN, address, and contact information.
- Federal information such as federal income and federal tax withheld.
- Your state filing information such as state income and state tax withheld.
Once you have this information prepared head to TaxBandits.com to log in or create your free account with your email address and personal password. Then select the ‘W-2′ Form in the start new form section.
Then you will enter your employer information. In this section, you have the option to bulk upload multiple employers at once. Also, you will also select your payer type and employer type.
On the next page, you will enter your employee information, including the SSN and contact information. Your employee information also be bulk uploaded all at once. Once you add your employees, their information will be stored in your account for next time.
Next, you will complete boxes 1-14 on your W-2 Form. You can click the question mark in each box for more information.
After that, you will enter your federal and state information, such as income and taxes withheld. You can enter information for each applicable state. TaxBandits also supports W-2 state filings.
Then you can review your form to make sure your information is correct. Click ‘edit’ to make any changes. Also, you can choose to have us mail hard copies of your forms to each of your employees if you would like.
Last but not least, you get to relax because all you have to do is pay for your form and transmit it directly to the IRS. Then you can review, print, and edit your form in your account at any time.
If you need any assistance while filing your W-2 Form, please don’t hesitate to contact the amazing, US-based TaxBandits support team! We’re standing by to answer all of your questions. Give us a call Monday – Friday from 9 AM to 6 PM EST at 704.684.4751. We also offer live chat and 24/7 email support.