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kpmay1
New Member

The company my husband works for was sold to someone else and the W2 from last year shows the company name that is on the new W2 for the new owner and the W2 from the sellers of the company show a different name. I don't know if there is a way to change t

 
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ToddL
New Member

The company my husband works for was sold to someone else and the W2 from last year shows the company name that is on the new W2 for the new owner and the W2 from the sellers of the company show a different name. I don't know if there is a way to change t

There should be two (2) Form W-2s, one from the seller and one from the buyer, each reporting the wages they paid to your husband. 

If the total wages reported on each W-2 add up to what your husband earned throughout the year, enter both W-2s in TurboTax.  The company names on the W-2s aren't that important, but the EINs should be different.

(The sellers may have sold the rights to their original company name to the buyers and had been using a new name for legal purposes, such as payroll, until the sale was complete).

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ToddL
New Member

The company my husband works for was sold to someone else and the W2 from last year shows the company name that is on the new W2 for the new owner and the W2 from the sellers of the company show a different name. I don't know if there is a way to change t

There should be two (2) Form W-2s, one from the seller and one from the buyer, each reporting the wages they paid to your husband. 

If the total wages reported on each W-2 add up to what your husband earned throughout the year, enter both W-2s in TurboTax.  The company names on the W-2s aren't that important, but the EINs should be different.

(The sellers may have sold the rights to their original company name to the buyers and had been using a new name for legal purposes, such as payroll, until the sale was complete).

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