Received email that my w2 was changed to single and could increase my taxes .
4 replies (most recent on top)
For goodness sakes, they made a mistake. It’s w4 they meant. Just log in abandoned reset your w4 form to the allowances you originally had.
Fake post. The W2's have nothing to do with your withholdings. It just reports what you paid in taxes. The W4 is filled out by the employee and determines how much is to be withheld for taxes. They are both Federal legal documents.
Not a Macy's employee, but I have an alternative theory.
These kinds of unilateral withholding adjustments happen for one of two reasons:
- Macy's payroll, for whatever reason, takes it upon itself to make an adjustment. This is rare an actually shouldn't happen, but it is a possibility,
- The IRS told Macy's to make adjustments. In which case, said employee can't fix it without talking to the IRS.
The IRS can send "withholding lock-in" letters to employers if they feel a given employee isn't current with their tax obligations (either filing or payment). As a particular 2020 concern: If you filed on paper (and before people say "hurr durr it is stupid to file on paper," there are actually many good reasons to do so), the IRS may not have processed your tax return by October or so when those withholding letters get sent out. In that particular example a call to the IRS can quickly straighten things out, but there are other situations that can trigger withholding lock-in too.
If you got a withholding lock-in, the IRS would have you a letter as well. But we all know that it is hip to ignore postal mail, so the first sign a typical employee would have that something is amiss is when they get an email from payroll about it.
The email probably explains in detail what happened, but it is hip to skip over the details, so we risk posts here that say "Received email that my w2 was changed to single and could increase my taxes" (which is nonsense: It is your W4 that does the single/married/etc stuff, and the only thing that increases is withholding, not tax).
My advice to the OP:
- Read what the email says. Yes, it may be an entire paragraph, or perhaps two paragraphs. They are important in helping you sort out what is wrong,
- If it says the IRS told them to do it, you have to walk out to your physical mailbox, dig out the mail that has been building up, and go through the mail. You should find one from the IRS. Read the letter from the IRS. Call them to follow-up.
Red badge here–log into Insite>MyHR>click on Tax witholding>click on pencil icon to edit it & changes take place immediately. You can also see when the last change was made and what it was before that change. HTH!