Online W2 Form

Answer 1

The Internal Revenue Service (IRS) requires every American filing taxes to prove their earnings at each job with a form called the W2. Employers prepare this document and send it to their employees at the beginning of each year. Some employers mail paper copies of W2 forms, which can take until the end of January to arrive. Others, however, make W2 forms available online so that employees can access them more quickly, sometimes during the first week of the new year. If your employer offers W2 forms online, make sure to print a copy for your records. Keep your W2 for seven years after you file your taxes, in case you are audited by the IRS.

Answer 2

Every January, employers must send their employees a W2 form. This documentation tells employees how much they earned in the previous year, and thus how much income they must report to the IRS when filing their taxes. Employees with multiple jobs must report the totals of each W2 to the IRS. Signing up for an online W2 form is a great way to ensure early access to your W2 information, which means you can file your taxes earlier -- and allow many people to receive their refunds more quickly. It also saves paper, which is a responsible choice for the environment!