I think the employer switched payroll companies during the year. My paystubs were messed up during the year also. As far as I can tell the second w2 is correct, I just want to make sure it doesn't need to be a w2c, since there was another w2 issued, or that I don't need to enter both w2s (which would be much more than I made)
A corrected W2 doesn't have to be a W2C. Only enter the correct one, which is usually the newer one.
How does the IRS know which W2 is correct?
Does the employer have to fix anything on their side with 941 etc?
If your employer issued two W-2s, the important thing is the wages in box 1. If they are the same, it will be obvious that there is a mistake on the employer side. You can enter only the correct W-2, in this case. The IRS will look at the newer one. The employer should correct it but keep in mind, corrected W-2s are a high audit item. If they didn't correct it specifically, just go by the W-2 that you know is correct. If the wages are not the same in box 1, then you DO need to ask the employer for a formally corrected W-2.
Hi ... I issued to the IRS two W2's for one of my employees. The first one I sent was wrong however the second one is correct. His tax return is correct because he used the correct W2 when he submitted his 1040. However, he received a notice from the IRS saying he owes more in taxes because the IRS added the two W2's together.
How do you suggest I correct this?
Did you fail to mark the corrected W-2 form as corrected ? If so correct that oversight now and make sure the employer and the SS admin gets a copy of the corrected form. Since you issued a second W-2 that is correct you would simply correct the first one showing zeros on the corrected form so it is not counted as income.