for a home equity loan, you need form 1099 from your mortgage servicer..... W-2 is for wages and wages only
call you servicer.
if you are taking the standard deduction, the home equity interest statement is not needed
if the money withdrawn from the home equity line of credit was not used to improve or extend the life of your personal residence, or used to paydown the original aquisisiton debt (which is quite unlikely), it is not deductible interest on Schedule A in any event.
I NEED A COPY OF MY W-2 (or 1099)
TurboTax does not have a copy of your W-2—the Wage & Tax Statement—issued to you by your employer, (nor does TurboTax have copies of your 1099’s). You should always save those documents for your own records. You could ask the employer(s) for copies or you can get a copy from Social Security (for a fee).
To get a copy of a W-2 from Social Security https://faq.ssa.gov/en-us/Topic/article/KA-02501
WORK HISTORY https://www.ssa.gov/forms/ssa-7050.pdf
If you saved a pdf of your completed tax return, the worksheets will show the W-2 information you entered, but not the actual W-2.
You can get a wage and income transcript from the IRS: It will not show the actual W-2, 1099’s, etc, but will show the income information the IRS received. It will not, however, show your state information. It will only show the federal information.
Or you can pay the IRS a fee for an actual copy of your tax return which will include copies of your W-2’s
Still have questions?Make a post