American Tax Service

Helping Americans File Their Taxes

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What is a W-2 Form?

w2 form 2019 2020The W-2 Form is one of the most essential forms in the tax world. It details what you’ve been paid by your employer.

The first point is to remember that the W-2 form is entirely different from your W-4 form. This details any payment that has been withheld as tax by your employer. Any employer that has paid you at least $600 during the tax year must send you a W-2.

Contractors and freelancers will receive 1099s because they don’t have employers; they have clients.… Read the rest

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How Can I Get  My W2 Form Online?

Employers are obligated to send out W-2 Forms by January 31st, or the next business day if it falls on the weekend or a public holiday.

But that doesn’t mean you have to receive it by that date. This can be highly frustrating if you just want to file your taxes and get the whole process over and done with.

w2 form online

That’s why services like H&R Block’s W-2 Finder were created. You can get an electronic copy through H&R Block free of charge, so that you can get started on your taxes as early as possible.… Read the rest

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The IRS Form 1040A Explained

Form 1040A is one of the forms that can be used when filing federal taxes in the US. This form is shorter than the original 1040 form; however, it is more complex than the 1040EZ form. All taxpayers can use form 1040, yet there are restrictions as to which taxpayers can use Form 1040A.

For example, you have to have a taxable income of less than $100,000; you have to take the standard deduction instead of itemizing your deductions.

Filing Status & Exemptions

When preparing this form, you have to list your exemptions and select a filing status before you start reporting your income.… Read the rest

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Where Can I Find IRS Form 1040 and Instructions?

1040 tax form

IRS Form 1040 is the basic tax form many Americans will use. It also recently received an overhaul.

The new Form 1040 is now going to be the size of a postcard with 1040EZ and 1040-A removed from circulation entirely. However, there are a variety of new schedules, so you need to be aware that you don’t need to give less information; they’ve just been moved to other forms.

So, let’s look at where you can find IRS Form 1040 and instructions.… Read the rest

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The Six New Form 1040 Schedules

The brand-new Form 1040 has simplified the form and moved many of the original lines to separate schedules. The philosophy behind it is to make filing easier for most Americans, who tend to have extremely simplified tax affairs.

new 1040 form

Most taxpayers never have to use anything other than the new Form 1040. But for those who do need the schedules, we’re going to go through the six new schedules and what they do.

Schedule 1 – Additional Taxes and Adjustments to Income

If you need to report certain types of income or any adjustments, you’ll use this form.… Read the rest

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What is IRS Form W-4 and How to Fill it Out

 

w4 withholdings formIRS Form W-4 is a necessary form for changing your withholding limits. Withholding is when your employer will keep a portion of your paycheck for the purposes of using it to pay your tax bill at the end of the year.

Smart taxpayers will take advantage of the W4 withholding calculator to ensure they don’t get hit with a large tax bill they can’t pay the following spring.

Here’s what you need to know about Form W-4.

What is Form W-4 in a Nutshell?

Read the rest

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What is a W-2 Form?

If you have ever filed a tax return, then you’ve probably come across the term W-2.

w2 form online

This is an essential tax document that provides an overview of your income and the taxes withheld from your salary every year. You are going to need it to file state and federal returns, so here’s everything you need to know about a w2 form.

Automatic Deductions

Your employer is required, by law, to withhold a portion of your salary to cover mandatory taxes.

Just like you must file taxes, so does your boss – and part of their filing process is a breakdown of how much tax they have deducted from you based on what you earn.… Read the rest

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What is The New IRS 1040 Form?

The new Form 1040 is different from the old one. This new draft may seem confusing, but we are going to help you understand it. Here are the five things all Americans should know about the new IRS Form 1040.

The New 1040 Form is the Size of a Postcard

new 1040 form

One of the main promises Donald Trump made during the 2016 presidential campaign is he wanted to change the tax code to make it simpler. He said that he wanted the average American to be able to file their taxes on something the size of a postcard.… Read the rest

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How To Find My W2 Form Online With H&R Block

See below how the H&R Block w2 form Early Access finder allows you to get your W-2 online.

What is the H&R Block W2 Finder?

h&r block w2 form early access siteH&R Block’s W-2 Finder s is one of the tools you can use to get your W2 form online and file your taxes fast. And that ultimately means receiving your refund faster as well.

You don’t need to wait for your W-2 to come by mail when using the H&R Block W-2 Finder. Once you pull your W-2 in electronically, it is safely stored and ready to start filing with H&R Block.… Read the rest

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How Do I Get My W-2 Form With H&R Block Early Access?

Your W-2 Form is vital for filing your taxes accurately and quickly. Your employer is required to send you the W-2 Form by January 31st every year, or the following business day if that day happens to be either a holiday or a weekend. If sent by mail, you may have to wait.

That’s why the free W-2 Early Access feature from H&R Block is such a useful tool because it allows an electronic copy to be sent, so you’ll be able to get started with your taxes early.… Read the rest