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W-2 is a form, not a tax.

The form shows many things including income as defined by many different systems, many benefits (like retirement payments, housing benefits, personal use of car benefits, health, etc) and taxes that were withheld and paid to tax jurisdictions on behalf of the employee, and much more.

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16y ago

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Related Questions

What is w2 tax?

W2 is an Tax term of USA. where Employers will be paying the taxes of their Employees.


How much are employers fined for not meeting W2 deadline?

The penalty is $50.00 per W2 that is filed late.


What is the all-inclusive meaning of the keyword "W2"?

The keyword "W2" refers to a tax form that employers provide to employees, summarizing their annual wages and the amount of taxes withheld.


What are W2 forms primarily used for?

A W2 form is primarily used to summarize an employee's earnings and tax deductions for the year. An employee must use a W2 to prepare an annual tax return. Employers are required by law to send one to employees at the end of the year.


Do you send your W2 with your tax return?

No, you do not send your W2 with your tax return.


How do I get my w2 form from hollister if don't work there no more?

All employers, including Hollister are required by law to send W2 forms to anyone earning over $600 dollars in that particular tax year. The law requires that W2 forms be mailed no later than January 31.


Do all employees need to print a w2 form or should the employers do that for them?

No, employees need to print the w2 forms not employers. Usually employers do not print the form as it is a job for the employee as it is for their own job.


Does the address on my W2 have to match the address on my tax return?

No, the address on your W2 does not have to match the address on your tax return.


Can you describe what a W2 looks like and how to interpret the information on it?

A W2 form is a tax document that shows how much money you earned and how much tax was withheld by your employer. It includes information such as your wages, tips, and other compensation, as well as any taxes withheld. You can use the information on your W2 to file your income taxes accurately.


What taxes do W2 employees pay?

W2 employees typically pay federal income tax, Social Security tax, and Medicare tax.


When are the employers supposed to give your w2 to sign initially?

For the whole tax year of 2009 you should have received your W-2 forms by the end of January 2010.


When is employers deadline for mailing 2012 w2?

january 31st