Key corporations in the job market have advised changing of jobs as a very vital action to consider after certain periods of time for a better career. This is due to the experience that one earns from working varying job environments and how it improves skills necessary for your profession.For a person who will have to change jobs frequently in their career period, it is important to remember some details that have to be paid attention to when switching jobs. In this particular article, we discuss a particular important document called the W-2 .
This is a federal tax form that is given by employers stating the total amount of money paid to an employee per year. This form is necessary in the calculation of tax payments and refunds hence making it a requirement for all employers. The form is also used by employers to determine health insurance paid by previous employers of their new employees. It is also a main variable in when working out the amount of money to be used as retirement benefits for you.
Now that it is very clear to us the importance of this document in your career, we can now explore the ways that you can acquire it. The first and obvious means would be to contact your payroll administrator so as to request your W_2.Provide your contact information preferably your email address which is convenient when it comes to transfer of document type files. Remember that any mistakes in the email address will end up in your not getting your files and hence double check that its precise.
The alternative course of action would be to reach out to the IRS, if the first step proved fruitless. This option is only to be considered if the employer has not given any form of feedback pertaining your requests. 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 reach out to your employer with a warning to issue the W-2 form to you. The two steps explained above will ensure that you do not succumb to any pressures that might arise when getting a W-2 form.
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. The form can be accessed online in the IRS website. To avoid the need to file for adjustments to your tax returns using a 1040x form, ensure that the details on both documents is matching.