Colorado W2 Form Printable – IRS Form W-2 contains information about the gross wages of employees, Social Security and Medicare payments, federal and state income tax withholdings, and other deductions related to taxes. This statement must be given to every employee who was employed during the tax year by the employer.
Fillable Form Dr 0084 Substitute Colorado W 2 Form
The form should not be returned to the Social Security Administration after Jan. 31, the year following.
What is Form W-2?
To file taxes on income, employees are able to use the Form W-2 to declare income and withholding. The IRS and Social Security Administration (SSA) do not have the same information.
The form should be filled out by every worker for whom the income, Social Security or Medicare taxes were withheld. There is an exemption for employees who claimed they were exempted form withholding forms on the W-4. The forms must have been provided to their employers at the time they hired them.
Who uses Form W-2
Form W-2 is provided to employees, but not freelancers, independent contractors, and other non-employees like vendors. For information on income, these people would prefer Form 1099-MISC. Non-employees are required to get a 1099-MISC when they have received $600 or more during the preceding year.
Where can you get Forms W-2?
W-2 forms are available at local office supply stores, your CPA as well as online from IRS. You can also get W-2 forms from a variety of business tax preparation programs.
How to File Forms W-2
Forms for W-2 must be sent together with a W-3 to SSA by January 31st. Jan. 31 is the deadline for employees to get W-2 forms. The form W-3 transmits information to the SSA. It combines all the information on W-2 forms into one total.