Employer went out of business

[Amber]

Small business employer that I worked for the first 2 months of 2019 went out of business in March 2019. They have not reported wages and I won’t be getting a w2 from them. I’m not really worried about the money…I just want to know if I even need to report my wages earned those 2 months since they weren’t even reported by the employer.

[Hollee]

There are a lot of factors. I’m going to assume your total income for the year is above the filing amount. If they reported your wages, and took out taxes, they are legally required to send a w2, despite going out of business. That’s part of a company closing housekeeping. If they don’t, federally they are in trouble. Your best bet would be to call the IRS if you haven’t revieved one by the 30th (I know, we hate that call). Report the income. Cover yourself.

[Author]

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