About your W-2 and self-employment

Tenemos las respuestas a tus preguntas frecuentes sobre cómo manejar los Formularios W-2 y los ingresos de trabajo por cuenta propia en TurboTax Live Full Service:

• Your W-2 also shows the amount of federal, state, and other taxes withheld from your paycheck, which explains why it’s such an important document for filing your taxes.
• You should get your paper or electronic W-2 no later than January 31 following the close of the tax year, which is usually December 31.
• You can upload your W-2 right in Full Service so that your tax expert can use it to prepare your taxes.
• If you have more than one W-2, add the other ones the same way—by selecting Checklist and Add.
• Keep in mind that you should only get a W-2 if you’re an employee.
• If you’re an independent contractor or self-employed, the work you do may be the same as an employee, but you’ll probably receive a Form 1099 from your employer instead. Self-employed income is the money you make from any contract, freelance, or self-employed work you’ve done throughout the tax year. This may include work for on-demand services (like Uber or Taskrabbit) or home-based businesses. You may receive a Form 1099-NEC, Form 1099-MISC, or Form 1099-K from the person or business that paid you, or you may have documented this income some other way.