W-2 Form


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W-2 Form

A form that an employer provides an employee each year indicating the employee's wages, salary, and/or tips and the amount of tax withheld over the course of the year. This helps the employee calculate his/her income tax liability. The W-2 form is the most common tax form in the United States, and every employer is required to provide it to every employee. See also: W-4 Form.
References in periodicals archive ?
The money must be reported on an employee's W-2 form at the end of the year.
Under federal law, employers are required to record reported tips on an employee's W-2 form, and the employees are required to report their tips to their employer.
They brought me this form -- W-2 form last year," the balding 52-year-old says in the video.
For example, an incorrect W-2 health care value report will result in a $100 penalty per W-2 form with a maximum penalty of $1.
Under current law, any amount that a volunteer firefighter receives, whether in the form of a property tax benefit or payment must be reported on a W-2 Form as wages and is subject to taxation.
IBM creates the W-2 form and the equipment to track withheld taxes.
The CZTE pay information will be listed separately in Block 14 of the member's W-2 form and will not be included with taxable wage information (Block 1).
IRS will not accept W-2 form that uses a Social Security number for the employer ID.
In addition, a number of documents admitted at trial -- including the daughter's 1990 W-2 form, application for health benefits, payroll deduction authorization and motor vehicle registration plate record -- identified the daughter's residence at an address in Queens.
This is in contrast to the boxes on the W-2 Form to show, for example, if an employee is a participant in a pension plan (which is helpful in determining if an employee may be able to set up a deductible individual retirement account).
iSolved will provide all information contained on the W-2 form that will then automatically populate into the TurboTax software after the employee consents and authenticates.
Pardue used a fake W-2 form to report wages and claimed a child and dependent-care expenses credit for expenses of more than $8,300 he did not incur, according to the Franchise Tax Board.