This is the deadline for employers to send Form W-2 to each employee who worked for them in 2024. Similarly, the IRS requires other informational forms to be delivered to recipients by this date. These include the Form 1099-INT (for interest earned), Form 1099-NEC (typically for independent contractors), and Form 1099-K (transaction records from PayPal and other third-party payment networks).

The final date for reclaiming exemption from withholding. If you claimed a tax withholding exemption from your employer in 2024 and you want to continue that, you need to complete an updated Form W-4 and submit it to your employer. If you don’t file a new Form W-4, your employer can withhold income taxes at the highest...