2021 Employee W2 Form – IRS Form W-2 details information about an employee’s gross pay, Social Security and Medicare pay, federal and state income tax withholdings, as well as other deductions for taxes. Employers are required to provide this form to every employee employed by their business during the tax year.
W2 Form 2021 Printable PDF
The employee must complete the form and submit it to the Social Security Administration before January 31st, 2012.
What exactly is Form W-2? how Does It How Does It Work?
To file income tax returns, employees can use Form W-2 to report the amount of income earned as well as withholding. The IRS and Social Security Administration (SSA) do not share the same information.
The form must be filled out for every worker whose earnings, Social Security and Medicare taxes were withheld during the year. Workers who claim to be exempt from tax withholding on their W-4 forms, which they should have submitted to their employers prior to the time of hiring are not exempt.
Who uses Form W-2
Employees aren’t eligible for Form W-2. This applies to freelancers, independent contractors and any other non-employees like vendors. For income information, these people would prefer Form 1099-MISC. If you have paid $600 or more to them during the previous year, most non-employees will require a 1099MISC form.
Where can I get Forms W-2?
W-2 forms are available at the local office supply store or through your CPA or online from IRS. W-2 forms can also be obtained from a variety of business tax preparation companies.
How do I file W-2 forms?
Forms for W-2 as well as a W-3 form have to be sent to SSA on or before January 31st of the following year. January 31 is the deadline to distribute W-2 forms to employees. The form W-3 is a transmission document that is used to consolidate all information from the individual forms of W-2 into one total which can then be utilized by the SSA.