Do w2s get mailed out
In the United States, the Internal Revenue Service (IRS) is responsible for issuing W-2 forms to employers, which are then provided to employees. The answer to your question is:
Yes, W-2s are typically mailed out by January 31st of each year.
Here's a breakdown of the process:
- Employers collect employee data: Throughout the year, employers collect employee data, including wages, taxes withheld, and other relevant information.
- Employers prepare W-2s: By January 31st, employers must prepare and sign W-2 forms for each employee who received wages or other compensation during the previous calendar year.
- IRS receives W-2s: Employers submit W-2 forms to the IRS by January 31st, either electronically or by mail.
- IRS processes W-2s: The IRS processes the W-2 forms and uses the information to prepare individual tax returns (Form 1040).
- W-2s are mailed to employees: By January 31st, employers must provide a copy of the W-2 form to each employee, either by mail or electronically (if the employee has consented to electronic delivery).
It's worth noting that some employers may choose to provide W-2s electronically, as long as they obtain the employee's consent and follow specific guidelines. Additionally, employees can also access their W-2 forms online through their employer's website or through the IRS's "Get Transcript Online" service.