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Paylocity W2 Former Employee

Paylocity W2 Former Employee

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What is the Paylocity W2 Former Employee

The Paylocity W2 for former employees is a tax form that summarizes an employee's earnings and tax withholdings from their previous employment. This form is essential for individuals who need to file their taxes after leaving a job. It provides critical information such as total wages earned, federal income tax withheld, Social Security wages, and Medicare wages. Understanding this form is vital for accurately reporting income to the IRS.

How to Obtain the Paylocity W2 Former Employee

To obtain your Paylocity W2 as a former employee, you can follow these steps:

  • Visit the Paylocity login page and enter your credentials if you still have access.
  • If you cannot access your account, contact your former employer’s HR department for assistance.
  • Request a physical copy of your W2 to be mailed to your address if you cannot retrieve it online.
  • Check your email for any digital copies sent by your former employer.

Steps to Complete the Paylocity W2 Former Employee

Completing the Paylocity W2 form involves several key steps:

  • Gather all necessary personal information, including your Social Security number and address.
  • Review the W2 for accuracy, ensuring that all earnings and withholdings are correctly reported.
  • Use the information from the W2 to fill out your tax return, ensuring that you report all income accurately.
  • Keep a copy of the W2 for your records after filing your taxes.

Legal Use of the Paylocity W2 Former Employee

The Paylocity W2 form is legally binding and must be used in compliance with IRS regulations. It is essential for accurately reporting income and tax obligations. Failure to use the W2 correctly can result in penalties or audits by the IRS. Ensure that all information is truthful and complete to avoid any legal issues.

Filing Deadlines / Important Dates

For individuals using the Paylocity W2, it is crucial to be aware of the following deadlines:

  • The IRS requires that employers send out W2 forms to employees by January 31 of each year.
  • Tax returns are typically due on April 15, although this date may vary if it falls on a weekend or holiday.
  • If you need to file for an extension, be sure to submit your request by the tax deadline.

Who Issues the Form

The Paylocity W2 form is issued by the employer through Paylocity, which is a payroll and HR software provider. Employers are responsible for ensuring that the W2 is accurate and sent to both the employee and the IRS. If you are a former employee and have not received your W2, it is advisable to reach out to your previous employer’s HR department for assistance.

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