Ask Experts Questions for FREE Help !
Ask
    willib3's Avatar
    willib3 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 22, 2010, 05:54 PM
    No W2 - employer belly up - used Paychex
    My wife worked for an employer that went belly up - they used Paychex to pay her. No W2 - I contacted the IRS and found that the employer reported no income. How should I claim my estimate - will they take it as face value since there is no W2 - or will there be some record that they can look up from Paychex (this was for 2008 taxes).
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 22, 2010, 06:13 PM

    Depends on the contract they had with the employer. In some cases, they are responsible for paying the taxes to the IRS. I would definitely contact them.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #3

    Oct 25, 2010, 09:10 AM

    I suggest your wife contact Paychex directly and ask why she never received a W2 for 2008. It shouldn't matter that the employer went out of business. She should also verify her social security taxes were properly forwarded to the SS Administartion. Contact info here: Contact Information: Paychex Employee Services

    However, if this turns out to be fruitless, I would advise that you report her income and her withholding to the best of your ability, perhaps based on the figures reported in her last pay stub of the year. Be prepared to justify whatever numbers you use.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Achy belly under belly button, and had dirreaha (tmi I know sorry) [ 6 Answers ]

I am irregular when it comes to AF, had my period last month (april) from the 8th to the 12th.. my husband was home for leave from iraq and we tried our hardest to conceive, but I do not know if it works. I typically have my period around the 28th but sometimes comes late or a month late... very...

Contacting Employer an employer ethically [ 2 Answers ]

I am applying for a job out of state that I found on a search engine. The ad provides an email for where to send all inquiries/resumes. However, after doing some research, I found the direct supervisor for the position and her direct email address at the company. Is it ethical/appropriate to...

What questions does past employer have to answer by new employer [ 1 Answers ]

If a new employer calls your old employer, what questions will they answer.My concern is that I have been unemployed now for 6 months,and am concerned that my prospects are frowning on the fact that I have been out of work so long. I may just be overreacting as this is the longest time I've been...

H1B transfer - whether current employer know about the new employer [ 1 Answers ]

Hi Experts Currently I am on H1b visa with company A. I would like to transfer this to Company B. I heard that Company A will not know that it is transferring to Compnay B during the transfer. Is this correct? Also, after successful transfer to compnay B whether USCIS will send any...

View more questions Search