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When did I file the wrong tax year on my W2?

Writer Sophia Bowman

Solved: I filed the wrong tax year on my W-2. May 31, 2019 7:09 PM I filed the wrong tax year on my W-2. My employer informed me that our w2 forms were available. I assumed this to be correct, so I printed out the most recent w2 form to file my taxes and didn’t realize it was for the wrong tax year. May 31, 2019 7:09 PM

Do you have to file a W-2 if you don’t have a form?

As stated above, you should only complete this form if you absolutely can’t get the original W-2, or if the original is incorrect. Once you complete Form 4852 you should submit it along with your prepared tax return.

What to do if your W-2 is wrong?

Contact the IRS and file a complaint if your W-2 is obviously and significantly wrong and you suspect dishonesty on the part of your employer. The IRS will investigate the matter directly with him. You can call the IRS toll-free at 1-800-829-1040.

What’s the penalty for not filing a W-2 on time?

Intentional disregard of the filing or correct information requirements has a penalty of $500 per W-2 form, with no maximum. Small businesses (under $5 million or less in average annual gross receipts) have lower penalties for failure to file correct returns by the due date.

Who is responsible for preparing the W-2 form?

The Internal Revenue Service requires all employers to prepare annual W-2 forms for each employee paid wages over a certain amount and for all employees subject to payroll tax withholding. Selling a company does not necessarily absolve previous owners of responsibility for preparing…

Why does my employer give me an incorrect W-2?

It’s possible that your employer is trying to hide W-2 income from the IRS, particularly if they’ve been having financial difficulties. The company must pay half your Social Security and Medicare taxes based on your earnings, so the less you earn, the less they must pay in these payroll taxes. 1 

When do employers have to send out W2 forms?

Unless employers receive an extension from the IRS to file and furnish W-2 forms, federal law requires employers to provide copies of the W-2 form to employees by Jan. 31 of the year following the tax year and file copies with the Social Security Administration by Feb. 28 or, if the forms are filed electronically, April 15.