At times, employers inadvertently send workers an erroneous Form W-2, which makes filing your taxes even more of a hassle. Potential flubs include the wrong Social Security number, incorrect dependent care expenses and the wrong tax treatment on workplace life insurance.

How do I correct wages on w2?

Call the IRS toll free at 800-829-1040 or make an appointment to visit an IRS Taxpayer Assistance Center (TAC). The IRS will send your employer a letter requesting that they furnish you a corrected Form W-2 within ten days.

What happens if you fill out your w2 wrong?

If you receive the missing or corrected Form W-2 after you filed your return and you discover you made a mistake on your Form 4852 that you need to correct, you’ll need to file an amended tax return for the year using Form 1040X, Amended U.S. Individual Income Tax Return.

What to do if the wrong wage is reported on your W-2?

Form W-2c is used to correct a mistake on an original W-2. Filing your tax return with Form 4852 instead of a correct Form W-2 delays the processing of your tax refund. If you later receive Form W-2 with the correct amount of wages that is different than the estimate you placed on Form 4852, you must file an amended tax return.

When do you need a corrected W-2 form?

When do you need a corrected W-2 form? You need to create an amended W-2 form if you make an error on Form W-2, such as including incorrect names, Social Security numbers, or amounts. Employers can make Form W-2 corrections on forms sent to employees as well as forms filed with the SSA. Possible penalties for filing an incorrect W-2

What to do if you send wrong Form W-2 to SSA?

If you catch the mistake after sending Form W-2 to the employee but before sending it to the SSA, the correction process is different. It does not involve Form W-2c. Instead, mark “void” on Copy A of the incorrect Form W-2 (the copy for the SSA). Then, prepare a new Form W-2 with the correct information.

Are there penalties for not filing correct W-2s?

Possible penalties for filing an incorrect W-2 Unfortunately, filing an amended form does not guarantee you’ll walk away penalty-free. You might be subject to penalties if you fail to file a Form W-2 with correct information by January 31. Penalty amounts depend on when you file a corrected W-2 form.