Great and reputable commercial enterprises have identified taking on new jobs every four or five years as very smart choice to take for your career.This is because of the exposure that allows you to acquire new skills that are very effective to building your expertise in whatever field that you specialize in.For a person who will have to change jobs frequently in their career period, it is important to remember some details that have to be paid attention to when switching jobs. In this article, the focus is primarily on a document that is referred to as the W-2 form.
This is a document that holds information on the total pay made to particular employee yearly.It is required by the internal revenue service for every employer to file this document which the employee shall use to determine if at one point in the year, they will be required to pay or get refunds. This document also tells your new employer the amount of money that your previous employer paid for your health insurance. It is also a contributing factor in the calculation of retirement benefits.
With the vitality of this document well explained, we can now move on to see the means via which one can acquire it. The initial action to make would be to inform your employer to issue you with your W-2 document. There will be need to give an address through which the document shall be sent, conveniently an email address.Remember that any mistakes in the email address will end up in your not getting your files and hence double check that its precise.
Incase the first step does not yield anything, there is always the provision of contacting the IRS. This is only wise if the employer has not developed any interest on your matter, for a significant period of time. The IRS will need you to submit the Employer Identification Number that the company you had been working with is assigned. This number is usually included in other W-2 documents and paychecks that were given by the employer in previous years.From this point onwards, the IRS will contact your employer on official grounds to remind them of their duty to issue your W-2. These two courses of are guaranteed to get you through any problems you encounter when acquiring a W-2 form.
There is an alternative to the W-2 form called the 4853 form, that one can use to file taxes just in case the first two steps do not work out. The form can be accessed online in the IRS website. To avoid the need to file for adjustments to your tax returns using a 1040x form, ensure that the details on both documents is matching.