File W-2 Online
W-2 forms are tax statements used to report wages and salaries paid to employees. Employers typically file these forms for their employees with the IRS.
All businesses, including S-Crop, C-Crop, LLCs, and cooperatives, need to file W-2 online to stay compliant with tax regulations.
W-2 E-Filing Requirements
As per the 2024-2025 tax update by the federal government, if you have more than 10 W-2 forms, you must file them electronically. Further, you need these details of the employee to file W-2 online. These include:
- Name
- Social Security Number (SSN)
- Income Details
- Tax Withholdings
W-2 E-Filing Requirements
- Employee Information: Includes the employee’s name, address, and Social Security number.
- Wages and Tips: The total taxable income earned by the employee during the year (Box 1).
- Federal Income Tax Withheld: The amount of federal income tax that has been withheld (Box 2).
- Employer Information: Includes the employer’s name, address, and Employer Identification Number (EIN).
- Social Security and Medicare: Contributions to Social Security (Box 4) and Medicare (Box 6), which are also withheld from the employee’s wages.
- State and Local Taxes: If applicable, it includes state and local income tax withholdings.
5-Step Process to E-file W-2
With E-file Workforce Payroll, you can easily file W-2 online without any stress. Follow the below steps to continue:
- Step 1: Create your account with our E-file system
- Step 2: Go to the payer section and add payer. It will ask you for some necessary information, such as your EIN, SSN, and company details.
- Step 3: Once you have created a payer account, you can navigate to the e-filing section and effortlessly fill out any available form.
- Step 4: When you are satisfied with the provided information, cross-check it for errors and check the auto-receiver to email. It will help you automatically mail copies of W-2s to your employees.
- Step 5: Once everything is up to your preference. Click on submit, and you are done.
Important Deadlines:
- Paper Filing of the IRS: Friday, January 31, 2025
- Copy for recipient: Friday, January 31, 2025
- The eFile of the IRS: Friday, January 31, 2025
Quick Notes: IRS deadlines are estimates and subject to change. Check the official IRS site for the latest information.
Have Questions?
Simpler than you think!
W-2 Filing Queries:
It is a catch-all box for reporting income or benefits that do not fit neatly into the other W-2 boxes. For instance, if an employee contributes to a health savings account, it will be marked on box 12, code W.
Yes, migrants who work in the United States get W-2 based on their salary and tax withheld. There is no exception for migrants from the federal government. However, non-resident aliens are exempt in certain scenarios.
No, W-2 forms can’t be considered a financial statement as they only show your income from a single employer. Your income streams can be multiple, so counting W-2 as a financial statement won’t be a good idea. It’s a necessary document that can help you record your compensation for a whole year, make financial statements, and make decisions based on the data provided by your W-2.
Typically, January 31 is the official deadline to send out W-2 forms. However, if the 31st is a weekend or any other official holiday, the deadline will shift to the next working day. You can send out these forms both online and offline. So, choose what methods suit you and send them out before the deadline.
A statutory employee is a special type of worker who is classified as an independent contractor for some purposes but as an employee for tax purposes. The purpose of statutory employees is to give more control to your workers as compared to traditional employees. Further, the employees can use their own equipment and work flexible hours. Yet they have a social security number and receive a W-2, just like regular employees.
Testimonial
E-file Workforce Payroll is secure and efficient, and it allows me to easily access and submit multiple payroll forms with features like IP restriction and multi-user access for my team. It’s also been a big help in ensuring accuracy, as I can easily file corrected and void forms whenever necessary.
Highly Recommended!
Business Owner
If you seek the most reliable and affordable e-filing platform, we ensure only a few can match the standards and rates set by E-File Workforce Payroll. They are experienced, informed, professional accountants and web developers who understand the US payroll form filing system and comprehensively fulfil all professional accountants’ requirements.
Alastair BrookManager
Today is a challenging world. With a conventional tax form filing system, it has not been possible for my firm to deal with multiple employees. While exploring top-ranked e-filing applications, I found them inefficient. So, I chose cloud-based E-File Workforce Payroll. This application is efficient and user-friendly. More importantly, I can manage my employees’ payroll even on my vacations.
Highly Recommended!
Business Owner