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A W-2 form is used by employers to report an employee's annual wages and the amount of taxes withheld from their paycheck. A W-4 form is filled out by employees to indicate how much tax should be withheld from their paychecks throughout the year.

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6mo ago

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What is the difference between a W2 and a W4 form?

The W$ form is your request for the withholding of taxes from pay. The W2 is a statement of wages paid and taxes withheld.


What is the difference between a 1099 and a W2 form?

A 1099 form is used for independent contractors and freelancers to report income, while a W2 form is used for employees to report income and taxes withheld by their employer.


What is the difference between a W2 and a 1099 form?

A W2 form is used by employers to report wages and taxes withheld for employees, while a 1099 form is used by businesses to report payments made to independent contractors or freelancers.


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