When should you receive your W-2 form from your employer by?

Jan. 31
The IRS requires employers to furnish W-2s to the government and employees by Jan. 31 or face penalties. The IRS generally defines furnish as “get it in the mail,” which means you should have yours in hand by the first week of February. Employers can also send employees their W-2s electronically, but it’s not required.

What happens if your employer goes out of business?

That means your employer or the company’s creditors cannot lay claim to the money. If you’re not yet vested, you may lose your employer matching contributions if the company goes bankrupt. And if the matching contributions are in company stock, those shares will be worthless in the case of a bankruptcy.

When to send out W2 forms to employees?

Send W-2 forms for all employees to the Social Security Administration (SSA) by the same date (January 31 of the year after the tax year). 2  The deadline is the same for giving the W-2 to employees and filing it with the SSA. This is a good reason to give employees their forms early in January so that you can find and fix errors before filing.

Where can I get a blank W-2 form?

You can get blank W-2 forms to print for your employees from Burris Computer Forms. We have a tax forms category that not only has W-2s but also has 1099s. Check out our Tax Form Category page to find the tax forms your company needs. Where Does Each Part of the W-2 Go?

What happens if I Lose my W-2 form?

If an employee loses their W-2 forms, an employer is obligated to supply a replacement. However, an employer is permitted to charge a “nominal amount” for this service. What happens if there is an error on a W-2?

When do I have to give SSA my W2 form?

Give it to employees by the end of January of the year following the tax year. If you are reporting on employee income for 2019, you must give it to them by January 31, 2020. 1  Send W-2 forms for all employees to the Social Security Administration (SSA) by the same date (January 31 of the year after the tax year). 2