Does it matter if your name is spelled wrong on your W-2?
The IRS uses SSNs and Payer EINs to manage and process supporting tax forms such as W-2s and 1099s. Spelling errors with your name would only create an issue when you e-file your return.
What if my name on my W-2 is different?
Answer: Contact your employer and institution and ask them to correct the forms to reflect your new name as it appears on your social security card. You can correct the name on copies of Form W-2 and Form 1099 that you use to file your return.
What happens if your name is spelled wrong on your taxes?
The IRS matches the first 4 letters of your last name with your Social Security Number, if that is incorrect then your return will reject and you can fix your name. If you misspelled your first name or the end of your last name and your return is accepted by the IRS, then it is too late to correct it now.
What if my employer gives me an incorrect W-2?
Call the IRS toll free at 800-829-1040 or make an appointment to visit an IRS Taxpayer Assistance Center (TAC). The IRS will send your employer a letter requesting that they furnish you a corrected Form W-2 within ten days.
What if w2 is incorrect?
An incorrect W-2 form may throw off your tax return numbers, preventing you from receiving a refund, or causing a tax debt you don’t owe. If the IRS sees the mistake, it can also trigger an audit.
What is the penalty for incorrect W2?
The penalty for a single incorrect Form W-2 is $250 per receiving party (capped annually at $3 million); this means a single incorrect Form W-2 to both the employer and the IRS incurs a penalty of $500. The penalty of intentionally failing to file is $500.
What if my W2 is wrong?
Contact the IRS If Your W-2 Is Wrong. Contact the IRS and file a complaint if your W-2 is obviously and significantly wrong and you suspect dishonesty on the part of your employer. The IRS will investigate the matter directly with him. You can call the IRS toll-free at 1-800-829-1040.