Get the free Form W-2, Wage and Tax Statement - temple

This document provides employees with instructions on how to access and print their electronic W-2 Wage and Tax Statement for the year 2010 from Temple University's online portal.

How to fill out form w-2 wage and

How to fill out Form W-2, Wage and Tax Statement

1. Obtain a blank Form W-2 from the IRS or your employer.
2. Enter your employer's name, address, and Employer Identification Number (EIN) in the designated fields.
3. Fill in your own name, address, and Social Security Number (SSN) accurately.
4. Report your total wages, tips, and other compensation in Box 1.
5. Include any federal income tax withheld in Box 2.
6. Fill out additional boxes for Social Security wages, Medicare wages, and any other applicable earnings, as needed.
7. List any state income tax withheld, if applicable, in the corresponding boxes.
8. Sign and date the form if you are self-preparing it, and make copies for your records.
9. Distribute copies of the completed W-2 to the relevant parties (employee and IRS).

Who needs Form W-2, Wage and Tax Statement?

1. Employers who pay at least $600 in wages to an employee during the year.
2. Employees who receive wages, tips, or other compensation and need to report their income on their tax returns.
3. Tax preparers who need the form to complete an individual's tax return.
4. State tax agencies, if state income taxes have been withheld.

People Also Ask about

What is Form W-2 wage and Tax Statement?

IRS Form W-2, also known as a “Wage and Tax Statement,” reports an employee's income from the prior year and how much tax the employer withheld.

What are wage and tax statements?

The Form W-2 contains all wages and tax information for an employee regardless of the number of state agencies/campuses for which he or she worked during the tax year.

How do I get a wage and income statement?

Online Request Visit the IRS transcript page. Click Get Transcript Online (If at any point, you cannot validate your identity - for example, you cannot provide financial verification information or you lack access to a mobile phone - you may use Get Transcript by paper, see below). Set up an account with the IRS.

What is a wage and Tax Statement also referred to as?

Form W-2, also known as the Wage and Tax Statement, is a document an employer sends to each employee and files with the Social Security Administration (SSA) by the end of January following the tax year.

What is a wage income statement?

A wage statement includes essential details that clarify your earnings, deductions, and other employment-related financial data.

What does wage statement mean?

Pay stubs, also known as pay statements or wage statements, are like the decoder rings of payroll. They help employees decipher their paychecks and are useful to employers when solving wage and hour disputes or tax discrepancies. Depending on the state, pay stubs may also be part of payroll compliance.

For pdfFiller’s FAQs

What is Form W-2, Wage and Tax Statement?

Form W-2, Wage and Tax Statement, is a tax form that employers in the United States are required to file for their employees. It reports an employee's annual wages and the amount of taxes withheld from their paycheck.

Who is required to file Form W-2, Wage and Tax Statement?

Employers who pay wages to employees must file Form W-2 for each employee from whom they withhold income, Social Security, or Medicare taxes. This includes businesses, nonprofits, and government entities.

How to fill out Form W-2, Wage and Tax Statement?

To fill out Form W-2, employers need to provide information such as the employer's name, address, and Employer Identification Number (EIN), the employee's name, address, and Social Security number, and the amounts for wages, tips, and other compensation, along with federal and state tax withholdings.

What is the purpose of Form W-2, Wage and Tax Statement?

The purpose of Form W-2 is to report an employee's annual wages and the taxes withheld from those wages to the Internal Revenue Service (IRS) and to the employee. It is used for filing income tax returns.

What information must be reported on Form W-2, Wage and Tax Statement?

Form W-2 must report various information, including the total wages paid to the employee, total federal income tax withheld, Social Security wages and tax withheld, Medicare wages and tax withheld, and any state or local income tax withheld.