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WAS E S The newsletter of the Western Association of College and University Housing Officers Spring 2007/Volume 13, Number 2 See you in Palm Springs! Hello WACO, Although I am looking forward to visiting
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What is w a v e?
WAVE stands for the Wage and Tax Statement, it is a form that employers use to report wages paid to employees and taxes withheld from their paychecks.
Who is required to file w a v e?
Employers are required to file WAVE to report wages and taxes for their employees.
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Employers can fill out WAVE online or on paper, reporting the wages and taxes withheld for each employee.
What is the purpose of w a v e?
The purpose of WAVE is to report wages and taxes to the IRS, as well as to provide employees with information about their earnings and tax withholdings.
What information must be reported on w a v e?
WAVE must include information such as employee wages, tips, and other compensation, as well as federal and state tax withholdings.
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