You can start filing taxes for 2020 as soon as you recieve either the W-2 form, tax or wage statement or the 1099 form from every employer you have worked for in 2019. Doing this will help you beat the tax year 2020 deadline submission date which is Wednesday, April 15.
It is very important to note that as an employer, you must file and postmark tax related documents by January 31 in order for employees to recieve their forms by early February 2020. Doing this will help them file their taxes for 2020 as early as possible in order to beat the IRS set deadline.
According to IRS tax tips, those employees who fail to recieve their forms by mid February should do the following below..
Most employers give Forms W-2 to their workers by Jan. 31. If you haven’t received yours by mid-February, here’s what you should do:
- Contact your employer. You should first ask your employer to give you a copy of your W-2. You’ll also need this form from any former employer you worked for during the year. If employers send the form to you, be sure they have your correct address.
- Contact the IRS. If you exhaust your options with your employer and you have not received your W-2, call the IRS at 800-829-1040. You’ll need the following when you call:
- Your name, address, Social Security number and phone number;
- Your employer’s name, address and phone number;
- The dates you worked for the employer; and
- An estimate of the amount of wages you were paid and federal income tax withheld in 2013. If possible, you can use your final pay stub to figure these amounts.
Once you have filed your taxes, you will be able to recieve your tax refund within 21 days. You can also use the IRS2Go app on your mobile to track your refund status.
What you need to check your refund status?
- SSN or ITIN
- Fliming status
- Exact refund amount.
Now that year 2019 is ending, why not get ready to start filing taxes for 2020 so you are not cut off by the deadline? Over to you.