Importing your W-2 forms directly into TaxSlayer can make your tax returns more simple and faster. In this process, you do not need to fill out your forms manually. It inputs the tax data correctly and also reduces the chances of error. Let’s learn how you can import W-2 forms directly into TaxSlayer:
Information Required to Import W-2 Forms into TaxSlayer
- Company’s Employer Identification Number (EIN): This number can be found on your W-2 forms.
- Copy of W-2 Form: You must have a digital or print copy of the W-2 form with you during the import process so that you can verify the information.
- Login to TaxSlayer: It is necessary to login to the TaxSlayer account and access the section of the tax return where you can add your W-2 forms.
Steps to import W-2 forms in TaxSlayer
- First, go to the TaxSlayer website and login to your TaxSlayer account.
- Start the tax filing process, go to your tax return if you have already started a tax return.
- Go to the “Income” section in the tax form.
- Select the “W-2 Form” option here, which is the main part of entering your salary and wage information.
- You will find the option “Import W-2 forms”. Click on it.
- Here you will have to enter your employer’s EIN (Employer Identification Number). The EIN can be found on your W-2 form.
- After entering the EIN, TaxSlayer will attempt to import the W-2 form directly from your employer.
- After granting permission, TaxSlayer will automatically import all the required information from your W-2 forms.
- Once the import process is complete, you can confirm all the information and see if everything is filled in correctly.
- Check all the imported information and make sure your income, tax withholding, and other details are correct according to your W-2 forms.
Benefits of Importing W-2 Forms
- Increased Accuracy: Direct importing reduces data errors compared to manually entering information.
- Time Saving: Importing takes much less time, making your tax filing process faster.
- Automatic Syncing: Tax information is pulled directly from the employer’s system, eliminating the need to input it manually.
Final Thoughts
Importing W-2 forms into TaxSlayer is simple and useful, especially when you want to file your tax returns quickly and with accuracy. This not only saves your time but also reduces the chances of mistakes.