OBBBA and How the W2 Reporting has Changed for 2026
The IRS provides updates the W-2 and reporting each year, but in 2026 the One Big Beautiful Bill Act made significant changes to the W-2 and how we will report in 2026 This webinar will assist the seasoned and new payroll professional on how to properly report new items on the Form W-2 This webinar will also assist around W-2 processing to include W-2 to understand all the boxes on the form W-2 and what should be reported. A brief overview W-2 best practices will also be discussed.
Review of new W-2 reporting deadlines and penalties and updates to how we process the W-2 form. Review of the new Form W-4.
Why should you attend:
The 2026 reporting year brings some of the most significant changes to Form W-2 in recent history due to the One Big Beautiful Bill Act (OBBBA). This session will help you understand these new requirements so you can start the year confident and fully prepared. You will learn how the updated W-2 fields work, including new overtime and tip reporting rules, revised W-4 guidance, and state-specific reporting updates.
By attending, you’ll gain clarity on each W-2 box, learn how to avoid common mistakes, and understand how to ensure accurate reconciliation with Form 941. You will also receive practical insights into deadlines, penalties, and best practices that can streamline your year-end process.
This webinar is designed to help you begin 2026 with complete accuracy, improved compliance, and a clear plan for managing the new reporting changes effectively and efficiently.
Areas that will be covered during the Session
- Details of how to close the 2026 year to make sure your W-2’s are correct, and 941 reconciliation happens correctly.
- Review box by box of the W-2
- Most up to date legislation releases
- New overtime and tip reporting on the Form W-2
- State specific W-2 reporting and what you need to know
- W-2 Requirements
- W-2 box by Box review
- Updated legislation to consider for W-2 and 2026
- State by State discussion of special W-2 considerations
- Year End and W-2 best Practices
Who should attend?
- All Employers
- Business Owners
- Company Leadership
- Compliance professionals
- HR Professionals
- Managers/Supervisors
After the live event, there will be a Q&A session where you can ask a question directly to our expert speaker. They will provide a clear and understandable response to help you better understand the topic.
Note: After completing your webinar purchase, please check your spam/junk folder in your email for the webinar joining link, which will be sent after the confirmation email.
Learn the key OBBBA updates for 2026 W-2 reporting, including new codes, tip rules, overtime reporting, and essential payroll compliance steps.
New boxes and codes for tips, overtime, and updated reporting rules under OBBBA.
Yes, a full box-by-box walkthrough is included.
Yes, the webinar covers the latest 2026 W-4 updates.
Yes, key state variations and compliance tips are reviewed.
Payroll, HR, compliance professionals, managers, and business owners.
The One Big Beautiful Bill Act (OBBBA) introduces major updates to the 2026 Form W-2 that every payroll professional must understand before year-end processing. These changes affect how employers track, report, and classify income related to tips, overtime, and new federal requirements. This section outlines the most critical updates and what organizations need to prepare for.
Key changes include:
- Introduction of new W-2 reporting codes for qualified tips and qualified overtime compensation.
- A new Box 14b Treasury Tipped Occupation Code to identify eligible roles for the tip deduction.
- Updates to Box 12 with new codes:
- TP – Total qualified tips
- TT – Total qualified overtime compensation
- TA – Employer contributions to Trump Accounts (if applicable)
- Required system updates starting January 1, 2025, to track new income categories throughout the year.
- Impact on state reporting, as some states may not conform to the federal OBBBA regulations.
- New employee tax benefits tied to qualified tips and overtime income.
- Increased need for payroll accuracy and reconciliation to prevent mismatches between Forms W-2, W-3, and quarterly filings.
This section helps attendees understand what these changes mean, how to prepare, and what updates must be made across payroll systems, HR processes, and year-end filing workflows.
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