How to File Form W-2 Online for 2020 Tax Year

Form W-2 for 2020
Form W-2

 If you are an employer in the United States you are supposed to file Form W-2,” Wages and Tax Statements”, and a copy of the form must be sent to the employee every year. The Form used to report the detail of wages paid to the employee and tax withheld from their wages. All full-time employees are subjected to W-2 withholding every year.

Now, you may have many questions regarding W-2 filing, For Example, When & How to E-file W-2. In this article, we will address information all you should know about the W-2 Form for the 2020 Tax Year.

What is W-2 Form?

IRS Form W-2 is used to report employees gross wages paid and the taxes (social security, income, and Medicare) withheld from the employees to the SSA (Social Security Administration) for the annual year. The SSA will use the W2 information to determine the Social Security benefits for each employee.

In case If you hire independent contractors and pay them more than $600 in an annual year, then you’ll fill out a 1099-NEC Form instead.

Deadline for W-2 Form for 2020 Tax Year

The SSA requires employers to submit their W2s on or before February 1, 2021. The deadline for furnishing copies to employees, paper filing, or E-filing to SSA is the same. If you fail to file W-2 with the SSA or furnish employee copies, you will be subject to penalties.

How to E-file Form W-2 with TaxBandits

TaxBandits is an IRS authorized E-file provider for year end tax filing. Now, it’s easy and secure to e-file your taxes.

  1. Login  or create your Free TaxBandits account.

  2. Select Form W-2 from Dashboard 

  3. Enter the required W-2 Form information.

  4. Review and Transmit your Form W-2 to the SSA


 Benefits of E-filing Form W2 With TaxBandits

TaxBandits is a secure and safest e-filing partner for Tax Filing. Get Start to experience the following benefits by E-filing with us


  • Support of both federal and state filing

  • TIN matching

  • Inbuilt error checks

  • Prepaid credits for hassle-free filing

  • Postal Mailing

  • Online Access Portal

  • Bulk Upload







Visit,https://www.taxbandits.com/w2-forms/efile-w2-form-online/  to know more.

 

With TaxBandits, you can easily File Form W-2 with the IRS and choose a solution for your recipient copies in minutes. Get started with TaxBandits today and e-file your Form W-2 before the due date














Location: United States

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