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Jan 15, 2010 ... Subject: Employee Personal Page (EPP) 2008 W2 Issue ... While in the process of loading the 2009 W2's to the EPP last night, the 2008 W2's ...

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How to fill out nfc w2 - nfc

How to fill out NFC W2:

01

Start by gathering all the necessary information, including your personal details such as name, address, and social security number.

02

Obtain your employer's information, including their name, address, and employer identification number (EIN). You can find this information on your pay stub or by contacting your HR department.

03

Review your pay stubs or wage statements for the relevant tax year to ensure accurate reporting of your wages and any taxes withheld.

04

Determine your filing status – whether you are single, married filing jointly, married filing separately, or head of household – and mark the appropriate box on the form.

05

Calculate your total wages earned for the year and enter this amount in Box 1 of the NFC W2 form.

06

Report any federal income tax withheld from your paycheck in Box 2 of the form.

07

If applicable, enter any Social Security wages and tips in Box 3 and the corresponding Social Security tax withheld in Box 4.

08

Similarly, report any Medicare wages and tips in Box 5 and the related Medicare tax withheld in Box 6.

09

If you received any dependent care benefits from your employer, they should be recorded in Box 10, while any excess dependent care benefits need to be mentioned in Box 11.

10

If you were granted any nonqualified plans, such as stock options, the income from these must be reported in Box 12, along with the respective codes provided by the IRS.

11

Any contributions toward retirement plans, such as a 401(k), should be reported in Box 13.

12

If you received any state or local income tax refunds during the year, they should be mentioned in Box 14.

13

Finally, sign and date the NFC W2 form before submitting it to your employer for their records.

Who needs NFC W2:

01

Employees: Individuals who have been employed by an organization and have received wages or compensation during the tax year need to fill out the NFC W2 form. This includes full-time, part-time, and seasonal workers.

02

Employers: Employers are required to provide NFC W2 forms to their employees by the end of January, reporting their wages, tax withholdings, and other relevant information.

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