If your W-2s are identical down to the last number and letter, you can either keep the duplicate with your tax records or securely destroy it. Don’t enter them both. Otherwise, if each W-2 has different Box 1 amounts which more or less add up to your yearly earnings at that job, enter each W-2 separately.
How do I file taxes with 2 jobs?
Therefore, holding two jobs means you’ll receive two W-2 forms. Once you receive both forms, you’ll need to combine the amounts reported in Box 1 to arrive at your total employment income that needs to be reported on the “wages” line of your tax return. In addition, both W-2 forms must be attached to your return.
Can a company cut two W-2s for an employee?
The IRS notes that an agent working in this capacity places his own name in the employer box and normally cuts only one W-2 for his client. However, if the agent acts on behalf of more than one employer or is himself an employer and acts on behalf of another employer, he may need to file a W-2 on behalf of his client/employee for each employer.
Can a person have more than one W-2 form?
If you work for one employer during the year, in most cases, you’ll only have one W-2 form to account for. However, if you work for multiple employers at the same time, or for different employers at various times throughout the year, you may have multiple W-2s, all of which must be included when filing your taxes.
When do employers send out W-2’s to employees?
Every year around tax time employers send out W-2 tax forms to employees so that the employees can file their income taxes. The process is fairly straightforward in most cases. Employees receive their W-2 from their employer, file their taxes and either pay what they owe or receive a refund.
How are you taxed if you work for two employers?
Remember that individuals are taxed on their total income earned during the tax year. If they work for two employers, their salaries should be added together, and the tax table should be applied to their total earnings.
