{"id":2119,"date":"2021-11-08T21:00:15","date_gmt":"2021-11-08T15:30:15","guid":{"rendered":"https:\/\/www.complianceprime.com\/blog\/?p=2119"},"modified":"2021-11-08T21:00:15","modified_gmt":"2021-11-08T15:30:15","slug":"what-is-irs-form-w-2c","status":"publish","type":"post","link":"https:\/\/www.complianceprime.com\/blog\/2021\/11\/08\/what-is-irs-form-w-2c\/","title":{"rendered":"What is IRS Form W-2C?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Form W-2C is used for changes to previously filed Form W-2s, which include changes to the taxpayer&#8217;s name, address, social security number, filing status, wages, and\/or income, or to correct previously filed tax forms, to correct errors or omissions, to provide additional information.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Many taxpayers know they need to file a W-2 at the end of the year for their employees. But many don&#8217;t realize that they also need to file a W-2C to correct any errors on the previous year&#8217;s forms. The W-2C is used to notify the IRS of any changes to the previous year&#8217;s W-2s. Since it is used to correct mistakes, the W-2C is treated as a correction rather than an original, which means that the IRS may not accept it as proof that the previous year&#8217;s W-2s were filed correctly. The W-2C must always be filed electronically.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400\">How to request Form W-2C?<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The W-2C form is used to request a corrected W-2 for an employee who believes that the information on their W-2 form does not match reality. The W-2C form is filed directly to the employer&#8217;s personnel\/payroll office.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400\">How often are W-2C forms produced?<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Generally, the IRS Form W-2C is generated monthly, and the form is forwarded to campus\/agency personnel offices around the 12th of the month.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400\">What are the Components of a Form W2C<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">A Form W-2C includes the following sections:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Personal Information<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Previously Reported Information<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Correct Information<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">State Correction Information<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Locality Correction Information<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400\">Why is Form W2C Received<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">A person receives a Form W-2C to make changes in the original W-2 data or previously issued W-2C form. These required changes result from the processing of NON-USPS\/payroll documentation received from the personnel\/payroll or accounting office.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Here are a few reasons why the Form W-2C is issued:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Employee name correction<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Social Security Number correction<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Incorrect tax year<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Employee wages or tax withholdings correction<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Late reporting of NON-USPS<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Lump-Sum Deferral<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fringe Benefits\/Employee Business Expenses corrected\/reported after the close of the tax year<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Social security number change processed after the close of the tax year<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Adjustment to the SDI (State Disability Insurance) gross wage base<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Refund of FICA taxes<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Redeposit of payment issued in a previous tax year made after the close of the tax year<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Disability transactions affecting the previous year&#8217;s taxes and taxable gross reported\/processed after the close of the tax year<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Adjustments to previous year Medicare\/social security or state disability insurance reductions processed after the close of the tax year<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Payments made for previous year salary advances, moving relocation\/expenses<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400\">Final Words<\/span><\/h2>\n<p><span style=\"font-weight: 400\">In conclusion, the IRS Form W-2C is used to correct errors made when filing a tax return. It is important to understand that a W-2c form can only be used to correct a problem that occurred when a W-2 form was originally filed. It cannot be used to report a new error after a tax return was filed, and it cannot be used to correct a problem with a tax return that was not filed. Attend the Compliance Prime webinar to know more about <\/span><a href=\"https:\/\/www.complianceprime.com\/details\/830\/payroll-overpayment-vicki\"><span style=\"font-weight: 400\">IRS Form W-2C<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Form W-2C is used for changes to previously filed Form W-2s, which include changes to the taxpayer&#8217;s name, address, social security number, filing status, wages, and\/or income, or to correct&hellip;<\/p>\n","protected":false},"author":4,"featured_media":2120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[55],"tags":[],"class_list":["post-2119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-payroll-and-accounting"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/posts\/2119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/comments?post=2119"}],"version-history":[{"count":0,"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/posts\/2119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/media\/2120"}],"wp:attachment":[{"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/media?parent=2119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/categories?post=2119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.complianceprime.com\/blog\/wp-json\/wp\/v2\/tags?post=2119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}