Questions tagged [form-w-2]

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53
votes
4answers
7k views

Payroll tax on wheat given as wages

We have a farm in the US, with an employee paid with wheat rather than money. He is an ordinary employee that receives a W2. My accountant said that we don't have to withhold income tax or pay either ...
17
votes
1answer
1k views

Taxes: what do I do about getting a w2 from a startup that has gone belly up in the US?

Last year (2012) I worked for a startup through May before moving on. Between May and now (March 2013) I have moved twice. Neither time did I think to update the old employer so that they could send ...
14
votes
4answers
23k views

W2 vs 1099 Employee status

I've in the middle of an offer for employment. During negotiations, I've asked for more money due to distance involved (Further by far than I'd normally consider, but the pay raise I'd get is ...
11
votes
1answer
988 views

For 2017 I have 3 different W-2s with 3 different addresses

In 2017 I was finishing my Spring semester in college. I had an internship from January-April, which I filed under 1 address. Then From May-August I moved to DC but subleased so didn't have an ...
10
votes
1answer
8k views

I'm in the US on F1 visa, received a W2. Not sure what to do now

I came to the US a few months ago to pursue my higher education. So I worked as an RA in my university last year, and just today received a W2 form in mail. It doesn't say anything about what I need ...
9
votes
2answers
2k views

Why do some employees fill out a W-4 and some don't?

I recognize W-4s are for calculating how much an employer should withhold from an employee for tax purposes. More allowances, less withheld. Less allowances, more withheld. This is the gist of it? At ...
8
votes
3answers
61k views

How should pre-tax contributions to an HSA show up on a W2?

How should pre-tax contributions to an HSA account show up on a W2 from an employer? I thought they would show up like 401k or similar but that doesn't appear to be the case. If I made $50K and put ...
7
votes
1answer
2k views

If I'm an independent contractor in Australia, doing small jobs for a company in NY, do I pay taxes to Australia or The US?

I'm an Australian citizen, living in Australia. I've started doing some writing work for a company in NY on a project-by-project basis. The C.O.O asked if I could send him a W2 form. Having done a ...
7
votes
1answer
775 views

I was given a 1099-misc instead of a w-2 what are my next steps?

I received a 1099-misc from a past employer but I was under the impression I was an employee and not an independent contractor especially after I told my employer I did not want to get a 1099 at the ...
7
votes
2answers
796 views

Divide by zero on 540NR form (due to tax treaty)

I am filling a 540NR form for 2014, for California. Line 33 says: "CA Standard Deduction Percentage Divide line 32 by line 17. If more than 1, enter 1.0000" Line 32 is the CA adjusted gross income, ...
7
votes
2answers
756 views

Employer reported ESPP ordinary income on wrong year's W-2

I sold some Employee Stock Purchase Plan shares on 12/31/2014. As far as I understand, the ordinary income portion of the sale should have been reported on my 2014 Form W-2 from my employer but was ...
6
votes
3answers
314 views

Does an employee have the right to pay the federal and state taxes themselves instead of having employer doing it?

I was wondering if a W-2 employee has the option to tell their employer that they will pay their taxes instead of having the employer do it....
6
votes
2answers
2k views

Should/How I pay tax return in US for last year even after I moved permanently to India?

I'm in a situation where I left the U.S. last year in April, 2015. I worked in the U.S. until March 2015, so I received a W2 for the year 2015 from my US employer. But since April 2015, I'm back in ...
6
votes
1answer
9k views

Received W-2 but was never paid

I just now received a W-2 from a company that I worked for 3 days as a contractor. I had to leave country for 2 months due to a family emergency. Since the employment duration was very short, I was ...
6
votes
4answers
3k views

How to I compare pay rates for being a contractor (1099) vs. being an employee (W2)?

I have been trying to figure this out on my own but I am having some trouble. I currently get paid as a 1099 contractor, but I am switching to w2. My current pay rate is 60% of $185 per hour -- so ...
5
votes
1answer
218 views

My employer is refunding incorrectly witheld FICA. Do I need to wait for W-2c to file?

My employer withheld FICA taxes and generated a W-2 based on it. I see the error and report it to them. Now they are refunding the FICA taxes and will issue a W-2c. They say you can proceed with ...
5
votes
2answers
3k views

RSU already included in W-2

My employer includes the bonus given as RSU on the W-2. How to correctly import the data from E*Trade (who manages the RSU and provides tax forms) into turbo tax (or any other tax software) so it does ...
5
votes
1answer
231 views

How to deal with IRS notice during the government shut down?

Last friday, I received a mail from the IRS stating that there was a discrepancy in my filing of personal taxes for 2016 vs what was reported by other institutions. The letter did not go into detail ...
5
votes
1answer
2k views

Should my state wages be different than my federal wages due to HSA?

In 2015, I earned all of my income in Alabama, and I contributed $3,350 to an HSA. I filed my taxes through a free online tax filing service. Later on, I made an effort to learn about income tax law ...
5
votes
2answers
18k views

Is it possible to calculate/estimate W2 based last paycheck?

My wife and I just realized we are missing her W2. Her work will not be able to get it to us on time before tax day, so we'll most likely file an extension. Having said that, we still need to pay any ...
5
votes
2answers
138 views

Employer did not withhold taxes on last 3 pay periods (W2 employee)

I was a W2 employee at a startup. For the first several months of my employment my employer withheld taxes normally. Later, the company experienced financial problems and was unable to make payroll ...
4
votes
2answers
13k views

Is it necessary to file taxes if you've made less than $15,000 for the year?

I'm asking on behalf of a friend, who, last year, worked 5 weeks through a temporary placement agency earning ~$400/week after taxes (~$550/week before taxes), and also worked 6 months at an ...
4
votes
1answer
2k views

Tax Form 1099 and hourly worker do i file a W-2 if my employer filed the 1099 for me?

What form do i have to file if my employer filed a 1099 and I work hourly under him - is it a W-2? Where do I pay my taxes on my hourly income - does the IRS have a payment center for the tax I pay? ...
4
votes
2answers
180 views

I won't be receiving a W-2. When should I call the IRS?

My employer where I worked for 2 months last year (at the end of 2015/beginning of 2016) isn't able/willing to generate W-2 for whatever reasons. I see on the IRS website that if he doesn't get back ...
4
votes
1answer
109 views

A picture of one copy from a W-2: can it be used for filing taxes?

I moved to a different state last year for work and I have been going back and forth with my previous employer, trying to get my W-2 from him. I reminded him in early January that I needed the W-2 ...
4
votes
1answer
405 views

Received W2 from ex-employer for selling shares previously bought under ESPP

My wife used to work at Oracle and quit in January 2016. While she was there, she bought Oracle stock under an ESPP (employee stock purchase plan) that allowed her to buy the stock at a discount. In ...
4
votes
1answer
1k views

How to file with both a W2 and W2c?

My employer sent me an incorrect W2. I then received a W2c. The W2c has empty fields that are filled on the W2. For example: Box 16 has previously reported and corrected. But Box 17 is blank. My ...
4
votes
1answer
392 views

Duplicate W-2 from employer with different validation id

My previous employer sent me two W-2s for this year. Neither is a W-2C. All of the information on them is the same, except for the verification/validation number and batch number. All attempts to ...
4
votes
1answer
343 views

What should I do if “Retirement Plan” is not checked on my W-2 but should be?

I received my W-2 from my employer recently and I noticed that the box "Retirement Plan" is not checked. This was checked for the previous years and I have made no changes to the retirement plan. I ...
4
votes
1answer
555 views

Filing Dual Status Return with one W-2 From Same Company

I was non-resident (NR) alien during first part of the year and became resident (R) alien the second part of the year. I worked for the same company the whole year and was issued W-2. During the non-...
3
votes
5answers
1k views

If I had option to choose between 1099 and W2 for my job, which should I choose?

The only thing I know about the difference between 1099 and W2 is when you work as 1099 you don't pay taxes whereas W2 has to pay taxes for every paycheck I receive. As 1099 employee, I would have to ...
3
votes
2answers
6k views

FICA was not withheld from my paycheck

Hello personal finance, I was filing my taxes for 2016 and I just found out that I transitioned from Non-Resident-Alien to Resident Alien around September last year by passing substantial presence ...
3
votes
2answers
338 views

Filing taxes in two states with combined income of over $106,800

A friend of mine resides in CA full time but has two jobs and received a W-2 from California and one from Utah (he never lived in or had residency in Utah). His W-2 from each state was around $70,000. ...
3
votes
1answer
839 views

Taxes on Income from an Employee Stock Purchase Plan?

My employer offers an ESPP which allows us to purchase company stock at a 5% discount. I signed up for the plan, but was not interested in holding on to the shares for long, so I sold as soon as I ...
3
votes
2answers
72 views

How will a 1099 work with an existing W-2?

I have searched the site but haven't found (or think I haven't) a clear answer about having a full time job (i.e., receiving a salary, W-2) and having a side job on a 1099. Here are my questions: 1/...
3
votes
1answer
91 views

Does the IRS allow W-2s to be issued early?

If an individual is leaving a company before December 31, can the company issue their Form W-2 (or Form-1099 for a contractor) early? Assuming the individual's final paycheck will be issued on their ...
3
votes
3answers
865 views

Federal ID number for West London University

My son is attending West London University and I need to fill out tax form 1098T for the IRS to get the American Opportunity Credit. They are asking for the university's "Federal ID number" (It may ...
3
votes
1answer
178 views

Tax year of HSA contributions on W-2

Payroll is done in arrears on the first of the month. HR promised that HSA contributions for the beginning-of-January 2016 payroll would go in for the 2015 tax year. To make things easier, HR sent ...
3
votes
1answer
2k views

Should the amounts in W-2 Box 14 appear in Box 14 in TurboTax?

I bought some company stock via ESPP and had my first bundle of RSUs vest. The amounts are both shown in box 14 of my W-2. However, I don't see any value imported into box 14 of my 1040 tax return ...
3
votes
0answers
84 views

Received w-2 never received money [duplicate]

My granddaughter received 2 w-2’s for money she was never paid. She goes to college and thought she was volunteering to help with a cross country event at another university. All the students that ...
3
votes
0answers
99 views

Independent contractor for a Canadian company with no 1099 for 6 months then under US payroll with W-2. What to do?

I am a US permanent resident and I was working for a Canadian company as an independent contractor for the first half of 2015 without any 1099s and they wire transfer my wages directly into my US bank ...
2
votes
2answers
4k views

Filed as W2 employee but paid erroneously as 1099 employee for 2014

I completed a W4 form when I started my full-time job and received direct deposit payment for 6 months in 2014. Due to a payroll error, I was paid as a 1099 employee (no taxes withheld) even though HR'...
2
votes
1answer
498 views

working as an european self employed for an USA company

I was wondering why companies from USA are are searching for remote developers from USA, even if the working contract is a W2? (I've seen that many companies have a requirement that the developer ...
2
votes
1answer
2k views

How do you read the W2 Forms?

I did search through the question and couldn't find one like. This is my first year working so this is my first W2 form I have received. I am confused on how to read this. There are two halves to the ...
2
votes
1answer
924 views

Is 401k employer match included in W2 Box 1?

Is 401k employer match included in W2 Box 1?
2
votes
2answers
2k views

ESPP cost basis and taxes

I participated in a qualified employee stock purchase plan (ESPP) and the offering period just ended. I put in $5000 and got a 15% discount on the price at the end of the offering period (no lookback ...
2
votes
1answer
561 views

Is my reimbursement taxable?

I am an hourly employee. I receive a separate reimbursement check from my regular paycheck. My company does not tax the reimbursement and does not add it to my yearly gross amount. Is it taxable? Are ...
2
votes
2answers
61 views

Incorrect name on W-2

In one of my W-2 forms my first name has been mispelled by a character. However, all other information is correct including my SSN. Do I still request a W-2c from my employer or can I go ahead and ...
2
votes
2answers
3k views

HSA Contributions not listed on W-2

My employer contributes to my HSA each month (this is not taken from my income, it's an additional benefit, part of which health insurance option you choose). The total of these contributions are a ...
2
votes
1answer
263 views

I lost my form W-2. How can I recover it so I can file my claim for an income tax refund?

I received my W-2 form a couple of weeks ago in order to acquire my tax refund for the year 2013. My problem started when notice I could not find my W-2 form anywhere. How can I recover it or ask for ...