Get the free W-2

This form reports an employee's annual wages and the amount of taxes withheld from their paycheck. It includes details such as social security numbers, employer identification numbers, and various

How to fill out w-2

How to fill out W-2

1. Obtain the W-2 form from your employer or download it from the IRS website.
2. Fill out your personal information, including your name, address, and Social Security Number.
3. Enter your employer's information, including their name, address, and Employer Identification Number (EIN).
4. Enter your total earnings in Box 1 (Wages, tips, other compensation).
5. Fill in the federal income tax withheld in Box 2.
6. Complete Boxes 3-6 with Social Security wages, Social Security tax withheld, Medicare wages, and Medicare tax withheld.
7. Add any other applicable information in the remaining boxes, such as state wages and taxes if applicable.
8. Review the form for accuracy and ensure all required entries are complete.
9. Submit the W-2 form to the IRS and keep a copy for your records.

Who needs W-2?

1. All employers in the United States who pay employees are required to provide W-2 forms.
2. Employees who receive wages, tips, or other compensation from their employer need a W-2 to file their taxes.
3. Freelancers or contract workers who received wages through an employer, rather than on a 1099, will also need a W-2.

People Also Ask about

What is a W-2 called in the UK?

In the UK, the P60 form has been issued since 1944 by employers to each of their employees to detail the employees' taxable income and deductions made by PAYE (both for income tax and National Insurance contributions) for that year.

How is the W-2 and W-4 different?

Form W-2 and Form W-4 are federally required IRS tax forms, but Form W-4 is completed by employees and used by employers to calculate how much income tax to withhold. On the other hand, the purpose of Form W-2 is to report employee pay over the past year and how much tax was withheld.

What is the meaning of w2s?

Form W-2 (officially, the "Wage and Tax Statement") is an Internal Revenue Service (IRS) tax form used in the United States to report wages paid to employees and the taxes withheld from them.

Do I get a W-2 as a student?

8863: Download and complete this form to see if you qualify for tax credits for college students. W-2: If you made $600 or more at work last year, your employer must provide you with a W-2. This form will show if you had any income tax withheld. Make sure you include it when you file your tax return.

What does the W-2 stand for?

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. Employers send out W-2's to employees in January.

What is a w2 form for students?

A W-2 form is known as a Wage and Tax Statement. The form shows how much the University paid you along with how much money was withheld for taxes like Social Security and Medicare.

What is the UK equivalent of a W-2?

That said, you will still need proof of your employment income and any foreign income tax deducted at source when you file your US taxes. Many countries have a form that serves as an equivalent to the W-2. For example: United Kingdom: Form P60.

What is a P60 in the UK?

Your P60 shows the tax you've paid on your salary in the tax year (6 April to 5 April). You get a separate P60 for each of your jobs every tax year. There's a separate guide to getting P60s if you're an employer. If you're working for an employer on 5 April they must give you a P60.

For pdfFiller’s FAQs

What is W-2?

The W-2 form is a tax document issued by employers to report an employee's annual wages and the amount of taxes withheld from their paycheck.

Who is required to file W-2?

Employers are required to file W-2 forms for each employee who earns at least $600 in a year, as well as for employees from whom taxes were withheld.

How to fill out W-2?

To fill out a W-2, an employer needs to enter the employee's personal information, including Social Security number, wages earned, taxes withheld, and other required financial information in the designated boxes on the form.

What is the purpose of W-2?

The purpose of the W-2 form is to provide employees with a summary of their earnings and tax withholdings for the year, and to report this information to the Internal Revenue Service (IRS).

What information must be reported on W-2?

The W-2 must report an employee's total wages, tips, and other compensation, the total amount of federal, state, and local taxes withheld, as well as any other deductions and the employer's identification information.