W-2 Verification Codes
The IRS recently issued a reminder that W-2 verification codes are optional. While the IRS estimates that the 16 character code (in this format: XXXX-XXXX-XXXX-XXXX) will appear on approximately 50 million Forms W2 for the 2016 tax year, the IRS has indicated that practitioners are not required to enter the verification codes when e-filing returns.