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Treasurers: Complete your W-2s online
Don't rush out to buy W-2 and W-3 forms for your employees, because you can now submit and print your W-2s online with the Social Security Administration (SSA).

Visit http://www.ssa.gov/bso/bsowelcome.htm. This is SSA's Business Services Online (BSO) website, a suite of applications enabling organizations and authorized individuals to conduct business with, and submit confidential information to, the SSA.

You must be registered to use any service included on BSO. You will be given a pin number and be prompted to create a password, which will be good for one year. Within one year, you must update the password or your account will lapse.

Print W-2 worksheets from Winstabs and then transfer the information to the forms online with SSA.

After entering all required information, you will be allowed to print these W-2s as "forms," which you can provide to your employees. The W-3 is calculated and you will then be able to submit these forms online. It is not necessary to mail them anymore.

One important tthing to remember when filling out the W-2 forms on the screen: Box 14-Other has only two lines to enter CT-1 taxes; enter Railroad Retirement Tier 1 and Tier 2 taxes. Do not enter Medicare Tax. You do not have to report it here. Do not report it above either if you're a CT-1 employer.

This saves on the cost of stamps and pre-printed forms as well as potential headaches for the treasurer. It usually takes just a few minutes to complete each W-2.

January 12, 2006
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