Don’t Let Filing Multiple W-2s Scare You

Taxes 101 Two young business people laughing as they look at computer monitor

According to the Bureau of Labor Statistics, 7.5 million Americans had more than one job in 2016, and the number is increasing. Add in those who changed jobs, and you have quite a few people who find themselves with two or more W-2s at tax time.

Fear not! If you use TurboTax, entering more than one W-2 is easy. You may be able to import your W-2 directly from each employer by entering the Employer ID Number (EIN) from Box – b on your form. You can also enter your W-2s in the Wages & Income section of TurboTax. TurboTax will simply ask you: “Do you have another W-2 to enter?” Click yes, and you’re on your way. You can also jump start your taxes by snapping a photo of your W-2 with the TurboTax mobile app or with free import and transfer of your tax return information giving new and returning customers up to a 50% head start while eliminating data entry.

When you have more than one job, be sure to check that you are withholding the right amount of taxes, especially with the new tax reform law that impacts 2018 taxes that you file in 2019. If you had two jobs in 2018 but not at the same time, say one for 5 months, a layoff, and the next job for 6 months, your withholding was probably enough, as the amount withheld was based on two jobs held at two different times the entire year. On the other hand, if you have two jobs concurrently, there’s a chance you may need to have more taxes withheld since you have dual income.

Ready to file? Don’t let more than one W-2 scare you away. Get started today!

Comments (5) Leave your comment

  1. This was my first time filing my W-2 form and I had three jobs last year, so I figured that I’d file the first one when it came in and I already submitted it and everything and now I don’t know how, or if I can, file the other two.

  2. i just received my w2 from my current company and my previous company wont send em out till mid to late feb. can I file one first and the other later? any info would be greatly appreciated.

  3. I do tax for more than 40 people and looking for software with turbo tax that allows me to do income tax as a preparer for my own business

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