The people working in some profession or the other are provided the IRS W2 to be able to calculate the amount of money they have earned by working during the year. You can even get a refund from the taxes that have been collected from your salary. The most important reason is you will be able to prove to the bank that you are employed and paid for it from the W2 form apart from the reason that has been given earlier.

You need to always keep a copy of the W2 form for any loans or bank verifications that you might come across in the future. The form must be preserved for all future use despite its no immediate use. You will need to make sure that you fill out all of your work and income information on your IRS-W2 form correctly. You may have to face unwarranted consequences for failing to do so.

You could easily end up owing the IRS some money if you file for more than what the government owes you back; if you file for less, and then you will end up cheating yourself out of the tax money that is to be issued to you. Each employees IRS W2 form is sent to the social security office after it has been filled out. The handling staff at the social security office take up the work of arriving at the refund that all the employees have to get for the year.

Most of the people feed it quite troublesome to procure another copy of the IRS W2 when they need it for submitting to the bank for a loan. At times you may have to pay a certain fees to get the copy of your IRS W2 forms. No worries though, you can get it back; it's not impossible. First you need to make sure that you check all of your drawers, cabinets and filed paper work so that you know that you did all that you could do to try to get the copy back that you already had. When all you attempts have failed in getting it you can take another copy. You can seek the assistance of your supervisor to enable you to contact the authority that issues the IRS W2 forms by fax.

You can also call the HR office personally so that they can send you a copy of the IRS W2 form; don't get stressed out behind an employer that you have to consistently call to try to obtain an extra copy. At times your employers may not be able to provide you all the things that you want due to their tightness of work. There is another alternative that can take the place of your original IRS W-2 form if all else fails and that would be the IRS 4852 form.