Where to find w 2c

Why do I file W-2c? The IRS requires that all income and withholdings be reported accurately for tax purposes. Failure to do so could result in penalties. Who needs to file W-2c? Employers who need to make corrections to a previously filed W-2 or W-2c form must submit Form W-2c with the accurate information. Do not file a W-2c form to correct only the address. W-2c should not be used for corrections to the W-2G form. In cooperation with ADP, this solution includes bi-directional interfaces. Need more information about filing W-2c forms?

Submit your email address to get a free consultation from a W-2c filing expert. One of our experts will contact you within 24 hours. Large volumes of W-2c forms typically need to be distributed to employees immediately and require amended filing and archiving.

Greatland offers multiple options for processing W-2c forms, individually or in batches, to meet these requirements. Forms can also be password protected and encrypted PDF files or posted online and available for employee and management user retrieval. W-2c Greatland is a specialist when it comes to helping organizations with W-2 corrections. State Report to state agencies. Recipient Mail corrected form to recipient. Leave this field blank. First Name. Last Name. Unlike federal income taxes, Social Security taxes are calculated based on a flat rate.

The rate is 6. The amount in Box 4 should, then, be equal to the amount in box 3 times 6. Since you should not have more Social Security withholding than the maximum wage base times 6. Box 5 indicates wages subject to Medicare taxes. Medicare taxes generally do not include any pretax deductions and will include most taxable benefits. That, combined with the fact that unlike Social Security wages, there is no cap for Medicare taxes, means that the figure in box 5 may be larger than the amounts shown in box 1 or box 3.

In fact, it's likely the largest number on your form W Box 6 shows the amount of Medicare taxes withheld for the year. Like Social Security taxes, Medicare taxes are figured based on a flat rate. The rate is 1. For most taxpayers, this means that the figure in box 6 is equal to the figure in box 5 times 1. However, under a new law that kicked in beginning in , an employer must withhold additional Medicare tax of. Since your employer doesn't know your entire financial picture, it's possible under the new law that you may have to pay more additional Medicare taxes than your withholding depending on filing status, compensation and self-employment income.

Tips which were reported to your employer will be found in box 7. If this box is blank, it means that you did not report tips to your employer this doesn't mean that you don't have to report those tips to IRS.

Allocated tips reported in box 8 are those that your employer has figured are attributable to you. Those tips are considered income to you. There won't be anything in box 9. The reporting requirement for that box expired a few years ago and the box hasn't yet been removed from the form go figure. At box 10 , your employer will report the total of any benefits paid on your behalf under a dependent care assistance program. Box 11 is used to report amounts which have been distributed to you from your employer's non-qualified deferred compensation plan this amount is taxable.

This isn't to be confused with amounts contributed by you. That shows up in box Box 12 is the kitchen sink of form W-2 reporting. Here, you'll see all kinds of codes. Not all of the income coded at box 12 is taxable. Here's a quick rundown of the codes :. G - Elective deferrals and employer contributions including nonelective deferrals to a section b deferred compensation plan.

W - Employer contributions including employee contributions through a cafeteria plan to an employee's health savings account HSA. Elective deferrals Code D are extremely popular. As noted above, these amounts will generally be included at box 3 and box 5 even if they are excluded from wages at box 1.

The cost of employer-sponsored health coverage is reported using Code DD. This amount is reportable under the Affordable Care Act but it is not taxable to you. Excludable moving expenses Code P for qualified costs are an example of benefits which will be reported by your employer but are not taxable to you. If reimbursements are non-qualified, they will be reported as income to you in boxes 1, 3, and 5.

Box 13 really isn't one box: it's a series of three boxes. Your employer will check the applicable box if you are a statutory employee employees whose earnings are subject to Social Security and Medicare taxes but not federal income tax withholding ; if you participated in your employer's retirement plan during the year; or if you received sick pay under your employer's third-party insurance policy. Box 14 is a "catch all" box. Your employer reports anything here that doesn't fit anywhere else on the form W Examples include state disability insurance taxes withheld, union dues, health insurance premiums deducted and nontaxable income.

Box 15 is very straightforward and includes your employer's state and state tax identification number. If you work in a state without a reporting requirement, this box along with boxes 16 and 17 will be blank. If you had multiple withholdings in a number of states, more than one box will be filled.

If you are subject to state taxes, box 16 will indicate the total amount of taxable wages for state tax purposes. If you have wages reported in box 16, box 17 will show the total amount of state income taxes withheld during the year.

If you live in a state that has a flat state tax like PA , you can double check to make sure that your withholding is correct by multiplying the amount in box 16 by the flat tax rate. If you are subject to local, city, or other state income taxes, those will be reported in box If you have wages subject to withholding in more than two states or localities, your employer will furnish an additional form W If you have wages in box 18 subject to local, city, or other state income taxes, any amount of withholding will be reported at box Box 20 is exactly what you'd expect: the name of the local, city, or other state tax being reported at box You should have received your form W-2 - with all of this information properly reported - by January 31, If you didn't, you'll want to contact your employer and possibly take more action.

For more details on other tax forms, like the forms and , check out the rest of the series this week. Want more taxgirl goodness? Pick your poison: receive posts by email , follow me on twitter taxgirl , hang out with me on Facebook or check out my YouTube channel. If you want to keep an eye on documents I've posted, check out my profile on Scribd. And finally, you can subscribe to my podcast on the site or via iTunes it's free.

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