IRS Releases Draft 2026 W-2 and W-2c Forms

The IRS has released draft versions of the 2026 Form W-2, Wage and Tax Statement, and Form W-2c, Corrected Wage and Tax Statement. These drafts are for informational purposes only and should not be filed.

What’s Changing in 2026

Some updates are tied to the One Big Beautiful Bill Act (OBBA), which affects payroll reporting:

Box 12 Updates: Three new codes have been added — TA for employer contributions to a Trump account, TP for total qualified tips, and TT for total qualified overtime compensation.
Box 14 Updates: Box 14 is now split into 14a (“Other”) and 14b (“Treasury tipped occupation code”). Box 14a can be used to report items like state disability insurance taxes, union dues, uniform payments, health insurance premiums, nontaxable income or educational assistance. Box 14b reports the treasury occupation code for tipped employees, helping calculate federal tax exclusions for qualified tips.

These changes also appear on the draft 2026 Form W-2c. While the official W-2 form remains unchanged, the IRS has not yet provided guidance on reporting overtime wages and tip income for the 2025 tax year.