You no longer have to go to the income tax office to get the W2 forms. Now there are online sites where you can acquire your W2 forms. The IRS announced that the last date of filing of income tax is April 15th.
There are two websites where you can acquire your online forms of W2 – TurboTax and H&R Block are both internet tax preparation sites. One can easily import their tax return form online from these websites.
There are many businesses that opt for online w2 retrieval because it is easy and efficient. Among the big names are Target, Kohls, Pizza Hut; all of these companies look for W2 forms online.
The purpose of the W2 form is to figure out the amount of tax that must be paid to federal and state governments. And these forms have the financial data required to complete IRS 1040 income tax forms needed by the IRS.
Primarily these forms are made by the companies or the businesses to track the amount of taxes the worker is to pay at the end of the year. The records in the form consist of income, commissions, and tips. And along with it, there is the money held back for the state, federal, and the social security taxes.
The online retrieval of the W2 forms is better because employees don’t have to for the forms to come in the mail. They can get the online version and prepare for the tax returns. And TurboTax or H&R Block is the best websites to find the W2 forms online.