Changing jobs is step in your career that has been recognized to by great corporations as a recommended action for a more successful career record. This is because of the skills acquired from working in different fields with new people and the positive impacts on your specific skill set. For a person who intends to make these job changes, there are some major and consequential steps one must not forget. The main agenda discussed here is pertaining an official document that is identified as the W-2 form.
This is a document that holds information on the total pay made to particular employee yearly. This document is a mandatory that determines whether an employee needs to make tax payments or to get repayments after a business year. This form also specifies to your new employer the amount of money paid for your health insurance. It is also a main variable in when working out the amount of money to be used as retirement benefits for you.
After the significance of this document has been well looked into, it is time to explore the steps to take so as to get this document. The first step to make is reaching out to your employer and making requests on the same.Provide your contact information preferably your email address which is convenient when it comes to transfer of document type files. Double check the address for any wrong letters that might end up in the form being sent to another party.
The alternative course of action would be to reach out to the IRS, if the first step proved fruitless. This is only wise if the employer has not developed any interest on your matter, for a significant period of time. The IRS will require the Employer Identification Number of your previous employer. W-2 forms and pay checks hold from recent years hold the above mentioned details. The IRS will then address your employer in their authority , with a notice that reminds them of their mandate to give W-2 forms to their employees.These two steps often overcome any challenges that you might face when it comes to getting your W-2 document.
In the rare event this two steps not working, there is always the option of filing your taxes with alternatives such as the 4853 form. This form can be found on the IRS website. The information on both the W-2 and the 4853 form should match to avoid the need to make corrections on tax returns using the 1040x form.