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What are the W-2 electronic filing requirements for 2024?

The Internal Revenue Service (IRS) has issued final regulations that reduce the electronic filing threshold from 250 W-2s to 10 informational returns (such as Forms W-2 or 1099), beginning January 2024.

What is a W-2 Wage and tax statement?

Form W-2, also known as the Wage and Tax Statement, is a document an employer sends to each employee and the Internal Revenue Service (IRS) and shows income earned from an employer and the amount of taxes withheld from an employees paycheck so taxpayers can file federal and state taxes.

Are the 2024 IRS tax forms available?

IRS Free File is now available for the 2024 filing season. With this program, eligible taxpayers can prepare and file their federal tax returns using free tax software from trusted IRS Free File partners.

Is there a new W2 form for 2024?

Forms W-2 (including Forms W-2AS, W-2GU, and W-2VI) redesigned. Beginning with the tax year 2023 forms (filed in tax year 2024), you may complete and print Copies 1, B, C, 2 (if applicable), and D (if applicable) of Forms W-2, W-2AS, W-2GU, and W-2VI on IRS.gov to provide to the respective recipient.

w 2 form 2024

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