Idaho W2 Form Printable – The IRS Form W-2 provides details about the total salary, Social Security, Medicare State and Federal income tax withholdings, and other tax-related deductions. This statement must be provided to employees by the employer for all who worked during the tax year of the company.
Form W 2 Sub Idaho Substitute W 2 Wage And Tax Statement
The form should be distributed to employees and submitted to the Social Security Administration no later by January. 31 of the next year.
What is Form W-2?
Form W-2 is used to provide information on income and withholding to employees for their income tax returns, and it also provides the same information to the IRS and the Social Security Administration (SSA).
This form must be completed by each worker whose income, Social Security or Medicare taxes were withheld. There is an exception for employees who’ve claimed to be exempt from withholding tax on the W-4 forms that they must have provided to their employers at the time of hiring.
Who uses the Form W-2
The W-2 form is only provided to employees and not to independent contractors or freelancers. It is recommended to use Form 1099-MISC instead to report income to those individuals. The majority of non-employees need to receive a 1099-MISC form if you’ve paid them more than $600 in the prior year.
Where can you get W-2 forms?
W-2 forms may be purchased at your local office supply or from your CPA. You can also get them online via the IRS. Forms for W-2 can be found from most tax preparation programs.
How to Filing Forms W-2
W-2 forms, along with a W-3 form, must be sent to SSA no later than Jan. 31 of the next year. The deadline is January 31 to give W-2 forms out to employees. The form W-3 is a transmission document used to combine all information from the individual forms of W-2 into one total which can then be utilized by the SSA.