Tuesday 7 October 2014

Get A W2 If A Company I Worked For Went Out Of Business

Employees expect their employers to send the prior year's W-2 form by January 31 of the current year. Employees need this form to complete their tax returns, and if an employer fails to send this form, this can delay a tax filing. Closing down a business doesn't excuse employers form mailing W-2 forms; however, some employers in this situation neglect to complete and mail the necessary tax forms. If you are caught in this situation, you can take steps to acquire the needed tax documents to file your return.


Instructions


1. Find the last paycheck issued from the company. This paycheck will list the amount paid to you by the company for the tax year, as well as the amount of taxes you paid and your employer's tax identification number. Use this information to file your tax return.


2. Download Form 4852 from the IRS's official website, IRS.gov. Type "form 4852" in the search bar. The website will direct you to Form 4852 to substitute for Form W-2. Re-create your original W-2 by filling out the fields with the appropriate information. Use your last paycheck as a reference.


3. Attach Form 4852 to your completed tax return and mail both documents to the IRS.


4. Forward a copy of Form 4852 to the local Social Security Administration office. This ensures that the Social Security Administration has an accurate record of the amount of Social Security and Medicare taxes paid.

Tags: Social Security, file your, file your return, Form 4852, Form 4852