How to file your homepair’s W2

If your homepair earned more than $2,100 in a tax year – then you need to provide a W2.  It only takes a few minutes to e-File – just be sure to do this by January 31st each year to avoid fines.  Here’s our quick guide on how to do it…

Form W2

You can easily e-File your homepair’s W2 using the Social Security Administration’s online tool.  Simply login or register to ‘Business Services Online’ and follow the instructions (you should already have an EIN).  Once filed, provide a copy to your homepair so they can use it for their tax return.

Hover on the tags below for a quick guide on what to enter in the W2.

Your Homepair’s SSN Your EIN Your HP's Gross Wages Your HP's Gross Wages Your HP's Gross Wages Your Info Your Homepair's Info Note What you withheld (usually 6.2%) What you withheld (usually 1.45%)

Your Homepair’s SSN

Your Homepair’s SSN

Your EIN

Your EIN

Your HP's Gross Wages

Your HP's Gross Wages

Your HP's Gross Wages

Your HP's Gross Wages

Your HP's Gross Wages

Your HP's Gross Wages

Your Info

Your Info

Your Homepair's Info

Your Homepair's Info

Note

Note

What you withheld (usually 6.2%)

What you withheld (usually 6.2%)

What you withheld (usually 1.45%)

What you withheld (usually 1.45%)

Form W3 (paper filing only)

 

If you are paper filing – you must also complete Form W-3. It requires virtually the same information so is not difficult to complete. The major difference is Box B, shown below – select “Hshld emp.” for Kind of Payer and “None apply” for Kind of Employer.

 

Note:  If you do decide to paper file – please make sure to use the correct format.  You can’t download and print out W-2 forms from the IRS website or the Internet since Copy A is a specific color of red ink and only originals can be submitted.  Pick these up at your local office supply store, your CPA, or order online from the IRS.

* The information contained herein is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for your specific circumstances and may require consideration of other matters.