Electronic W-2 and W2c Filing
Employers filing 250 or more W-2s or corrected W-2s must file them electronically unless granted a waiver from the IRS.
PeopleSoft Global Payroll for United States enables you to generate the following files:
| File | Usage |
|---|---|
|
EFW2 |
Transmit W-2 data electronically. |
|
EFW2C |
Transmit corrected W-2 data electronically. |
Note:
Employers filing electronically don't have to file a transmittal of Wage and Tax Statement.
Steps Required to Prepare and Create Electronic Output
The following steps are required to prepare and create electronic output files:
-
Define EFW2 reporting parameters.
-
Create the EFW2 file.
-
Run the EFW2 Federal Audit report
-
Create the state EFW2 file.
-
Run the EFW2 State Audit report.
-
Create the EFW2C file.
-
Run the EFW2C Federal Audit report.
Further details for these steps are discussed subsequently.