What is Form W-2C, Corrected Wage and Tax Statements?

IRS Form W-2C is used to report a correction to your original W-2 form from current or prior years. If you made an error with the employer’s name, social security number, or the amount you paid the employee, you can file a W-2C form. 

 

What is Form W-2C?

Form W-2C Corrected Wage and Tax Statements is issued by an employer if they discover they made a mistake on a previously filed Form W-2. 

In the United States, employers typically withhold federal income tax from compensation paid to employees and remit that withheld amount to the IRS. When an employer issues a Form W-2 to an employee, the Form W-2 contains all federal tax information that is required to be reported to the tax authorities. A Form W-2c is used to make corrections on previously issued wage/tax information (W-2s) from current or prior years.

 

Common Uses of Form W-2C

Form W-2c is one of the most common forms you will encounter; in fact, the most common form listed on Form W-2s is Form W-2c. An employer uses it to correct the errors on previously filed W-2 forms. Here are some common uses:

1. Correcting Wage Reporting Errors
2. Adjusting Social Security and Medicare Taxes
3. Fixing State or Local Tax Errors
4. Correcting Employee Information
5. Adjusted Reported Tips

 

Sections in Form W-2c:

• Personal Information
• Previously Reported Information
• Correct Information
• State Correction Information
• Locality Correction Information

 

Form W-2C Filing Deadlines

You may file corrected information for up to two years preceding the current tax year. While you may file a correction anytime, here are the deadlines for the Form W-2C (Corrected Wage and Tax Statements). File corrected forms before these deadlines to avoid penalties.

• Recipient copy > January 31
• IRS paper filing > January 31
• IRS eFile > January 31

 If a due date falls on a weekend or holiday, it will be due the next business day.

How to eFile W-2C for the Tax Year 2024?

Tax1099 is the go-to source for your tax information reporting with the IRS. You can eFile Form W-2C Online for the year 2024 using Tax1099. Don’t wait for the deadline, eFile now!