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 ?
Bring last year's tax return, real estate tax bills for the calendar year, proof of health insurance, W2 form, 1099 from social security, interest received form, dividends received form, brokers statements and any other forms marked for 2014 taxes.
Paying a worker by way of a Form 1099, rather than a W2 form, also doesn't automatically mean that they are an independent contractor.
Employers must also retain a copy of each wage and tax statement on the combined W2 form.
Clearly, the W2 form contains the bulk of the confidential information; in particular, it contains the person's income information for the particular position.
Ortega said that when the figures in her W2 form didn't match her year- to-date pay-stub figures, she decided to hire an accountant to audit her finances -- at her own expense.
HR managers, small business employers and tax professionals that are seeking a simple solution to correct W2 form errors can download this ezW2Correction software from halfpricesoft and try it for free before purchasing with no obligation.
Further more, since Bishop only claims one exemption on her W2 form, Clark thinks it would be a good idea for her to increase that number to three or four (this would include her mortgage interest deduction).
com)-- Designed with simplicity in mind, the new improved ezW2 software speeds up W2 form printing and efiling.