W-2 is a Wage and Tax Statement form which holds all the essential information regarding the employee’s annual wages and the tax withheld. Moreover, it is essential for employers to send the W-2 form every year to an employee and to the IRS every year. TurboTax is a go-to software that organizations can use to prepare and send W-2 forms on behalf of the employer. However, if you want to know how to import W-2 to TurboTax, then you have reached the right destination. In this blog, we have provided you with the proper instructions for importing the information to TurboTax so you can file taxes uninterruptedly.
Wondering how to import W-2 to TurboTax and need expert suggestions? If yes, connect with our highly certified TurboTax experts for the best assistance. Call +1-844-269-7070!
Advisory Tips You Must Know Before Importing W-2 to TurboTax
Before you import the W-2 form directly to TurboTax, it is essential to keep the following considerations in mind.
- The first and most important thing is that your payroll provider must be a TurboTax Import Partner.
- Moreover, it is necessary that your W-2 must be available for the import process. In short, the Form W-2 must be ready by Feb 1.
- Also, you must have Box 1 amount from your W-2 form. Otherwise, having the year-to-date (YTD) gross income received from your year-end pay stub is also sufficient.
- In certain cases, it is mandatory to have Box d Control Number from the W-2 form. But this number is also required if your payroll provider feels the need for it.
Read More: How Can I Transfer Past Turbo Tax Returns
How do I enter my W-2 info in TurboTax Desktop Version Using These Steps?
To enter the W-2 info in TurboTax Desktop, you must perform the following steps.
- Initially, open your return on the TurboTax Desktop version and start searching for the W-2 form.
- Afterwards, switch to Work on my W-2 tab and hit the Continue tab.
- If you have previously mentioned a W-2 or need to mention another one, tap on the Add a new W-2 tab.
- Next, the users must specify the 9-digit Employer ID Number from the W-2 and choose the Continue tab.
- For instance, if your employer is a TurboTax partner, you will receive a message stating, “Great News! We can Enter Your W-2 For You”. Later on, you can commence further according to the steps instructed on the screen for successfully importing your W-2 form.
- Otherwise, if TurboTax doesn’t recognize your EIN, you need to complete the W-2 form manually.
Exploring How to Import Tax file into TurboTax Online Smoothly
To import the tax file into TurboTax Online, you must follow the instructions outlined below. Thus, it will help you import the tax file easily without any discrepancies.
- Start the process by opening or continuing your return in TurboTax Online.
- After this, switch to the W-2 option and then hit the Work on my W-2 tab.
- Thereon, head to the Continue tab to go ahead with the process.
- For the individuals who have precisely mentioned the W-2 or want to add another one, opt for the Add a W-2 option.
- Next, include the Employee Identification Number (EIN) from box b on your W-2 form.
- If TurboTax imports the W-2 on your behalf, you will get the message stating, “Great News! We can port your W-2 info screen.”In this section, you have to answer the questions accordingly.
- Otherwise, if TurboTax fails to identify your EIN, you may utilize the TurboTax Mobile app to add a picture of your W-2 form. Alternatively, you can also import the picture from your computer or complete it on your own.
What is the Right Procedure to Enter My W-2 Form Manually In TurboTax?
Alternatively, you can also manually enter your W-2 form in TurboTax with the help of the steps below.
- Firstly, open your tax return on your TurboTax application.
- After that, browse to the W-2 section.
- The TurboTax Online/Mobile users click on the W-2 option.
- On the other hand, TurboTax Desktop users must locate the W-2 and then hit the Jump To link.
- Now, you must opt for the Work on my W-2 tab option from the section “We’ll start with your W-2”. Then, choose the Continue tab.
- If you are redirected to the “Your W-2 Summary Screen”, then click the Add a new W-2 option.
- Next, you are supposed to leave the employer ID section blank and Continue further.
- Thereon, head to the Type it in myself option and perform according to the steps given on the screen for manually entering your W-2 info.
Read Also: How To InstallTurboTax.com On Windows OS
Why Are Users Unable to Import W-2 Forms in TurboTax?
Most often, the users might fail to import W-2 forms in TurboTax due to the following reasons.
- There might be the possibility that you are importing W-2 too early, i.e., in December or January.
- You haven’t mentioned the Employee Identification Number in the W-2 form.
- Also, the issue may arise when you forget to list the Control Number mentioned on the (W-2, box d).
- In other cases, this problem may arise when the Box 1 amount is missing.
- Your payroll has closed W-2 import for the year (April or later).
- The users might find it difficult to import the W-2 form in TurboTax if their employer’s payroll service isn’t in a partnership with TurboTax Import.
Summary
Now, we hope that you have got your answer to your query regarding how to import W-2 to TurboTax without any difficulty. Thus, it would help you to file the W-2 form accurately and on time. Furthermore, if you still require any additional help to import the W-2 form, don’t hesitate to consult with our TurboTax partners for exceptional Call +1-844-269-7070 assistance.
