480-354-1040 | hello@cdtax.com

CD Tax & Financial
purple client center button
Schedule your free consultation today
  • Home
  • Services
    • Accounting Services
    • Tax Preparation and Planning
    • Tax Resolution
      • Help with Your IRS Audit
      • Filing Prior Years Return
      • Owing the IRS Money
      • Behind on Payroll Taxes
      • When Your Spouse Owes the IRS
    • PPP Loan Forgiveness Assistance
    • Bookkeeping
    • Payroll
    • Advisory Services
    • Consulting for QuickBooks®
    • Training for QuickBooks®
    • Cloud Accounting
  • Products
    • QuickBooks Online
    • QuickBooks Online Advanced
    • QuickBooks Desktop
    • QuickBooks Enterprise Solutions
    • QuickBooks Point of Sale
    • QuickBooks Payments
  • Industries
    • Services
    • Construction
    • Medical and Health Care
    • Real Estate
    • Non Profit
    • Retail
    • Restaurant
    • Manufacturing
    • Wholesalers and Distributors
    • eCommerce
  • Resources
    • Resources
    • Mobile Accounting
  • Testimonials
  • Blog
    • Blog
    • Newsletter
    • Weekly Tax Tip
  • About us
  • Contact
  • Home
  • Services
    • Accounting Services
    • Tax Preparation and Planning
    • Tax Resolution
      • Help with Your IRS Audit
      • Filing Prior Years Return
      • Owing the IRS Money
      • Behind on Payroll Taxes
      • When Your Spouse Owes the IRS
    • PPP Loan Forgiveness Assistance
    • Bookkeeping
    • Payroll
    • Advisory Services
    • Consulting for QuickBooks®
    • Training for QuickBooks®
    • Cloud Accounting
  • Products
    • QuickBooks Online
    • QuickBooks Online Advanced
    • QuickBooks Desktop
    • QuickBooks Enterprise Solutions
    • QuickBooks Point of Sale
    • QuickBooks Payments
  • Industries
    • Services
    • Construction
    • Medical and Health Care
    • Real Estate
    • Non Profit
    • Retail
    • Restaurant
    • Manufacturing
    • Wholesalers and Distributors
    • eCommerce
  • Resources
    • Resources
    • Mobile Accounting
  • Testimonials
  • Blog
    • Blog
    • Newsletter
    • Weekly Tax Tip
  • About us
  • Contact

What should you do if your W2 is wrong?

January 31, 2020 In Individual Tax
Tweet
Share
Share
Pin

What should you do if your W2 is wrong? You want to file your income tax return but you have not received a W-2 or the form you received is wrong. Don’t fret, here are some workable solutions to those problems. 

Question:

The social security number reported on my Form W-2 is incorrect. What should I do?

Answer:

Immediately contact your employer and correct your Social Security number. Ask your employer for a corrected W-2 (Form W-2C, Corrected Wage and Tax Statement). If the W-2 information is not corrected, you will not get social security credit for the wages you earned. If this happens to you make sure your employee record is corrected as soon as possible. The same process holds true with other common errors including a name change when you get married or divorced.

Question:

 I disagree with the amount of wages reported on my Form W-2? What should I do?

Answer: 

Contact your employer and ask for a corrected W-2 (Form W-2C, Corrected Wage and Tax Statement). If you do not receive the corrected W-2, you should report the incorrect amount as noted on the W-2 to avoid an IRS correspondence audit AND then correct the amount on your tax return.

Question: 

My employer went out of business and I didn’t receive a Form W-2. I can’t locate the owner. What should I do?

Answer: 

You must report all your income, whether or not you receive  (W-2s or 1099s) from the parties who paid you. You’ll have to reconstruct your income and income tax withholding based on your paycheck stubs or other documents. Futhermore, make sure your income is properly reported on your account with the Social Security Administration. Your future benefits could be negatively impacted if not properly reported by your employer.

According to the IRS, you should contact the IRS and a representative will take a W-2 complaint.

Stay Up To Date on Taxes that Affect You!! Subscribe to our General Taxpayer Weekly Tax Tip that includes bite-size and informative tips on tax and financial changes, Monthly Client Update Newsletter, and updates on our events and seminars. Follow CD Tax on Facebook!  

Tweet
Share
Share
Pin
employee employer income tax taxes w2

Search

Monthly Archives

Categories

  • Accounting (40)
  • Accounting Software (12)
  • Amended Tax Return (4)
  • Blog (5)
  • Bookkeeping (2)
  • Bookkeeping Tips (11)
  • Business Development (29)
  • Business Growth (26)
  • Business Tips (94)
  • College (3)
  • Cool Tech Tools (13)
  • Cost-Saving Tips (14)
  • Cost-Savings Tips (5)
  • COVID-19 (50)
  • Customer Service Tips (6)
  • Decision-Making Tips (14)
  • Deductions (7)
  • Divorce (2)
  • Expense Reduction Tips (4)
  • Finance Management (10)
  • For Your Business (74)
  • Identity Theft (13)
  • Individual Tax (103)
  • IRS (44)
  • IRS Audit & Representation (4)
  • Legacy Planning (33)
  • Management Tips (10)
  • Marketing Tips (1)
  • Money Management (18)
  • News (20)
  • Payroll Tips (22)
  • Personal Development (6)
  • Profitability Tips (12)
  • QuickBooks Help (1)
  • QuickBooks Software (1)
  • QuickBooks Training (1)
  • Tax (59)
  • Tax Dates (23)
  • Tax Planning (21)
  • Tax Rates (5)
  • Tax Records (8)
  • Tax Resolution (2)
  • Time Management Tips (4)
  • Uncategorized (1)

Sitemap

  • Home
  • Services
  • Products
  • Industries
  • Resources
  • Testimonials
  • Blog
  • About Us
  • Contact

Contact Us

Tax Services, Accounting Services and Services for QuickBooks®

CD Tax & Financial
Tax Girl Enterprises LLC

8659 E. Pampa Ave
Mesa, AZ 85212 United States

480-354-1040 | hello@cdtax.com


Intuit, QuickBooks, and QuickBooks ProAdvisor are registered trademarks of Intuit Inc. Used with permission under the QuickBooks ProAdvisor Agreement.

purple client center button

Schedule your free consultation today CD Tax & Financial Mesa AZ

Subscribe to our newsletter today CD Tax & Financial Mesa AZ

©2020 CD Tax & Financial | Tax Girl Enterprises LLC
Site Design by Accelerator Websites