Kentucky W2 Form Printable – IRS Form W-2 provides information on the gross wages of employees, Social Security and Medicare payments as well as withholdings of federal and state income tax and other tax-related deductions. Employers are required to provide this form to each employee who worked for the company in the tax year.
Form W 2 Wage And Tax Statement Kentucky 2006
The form must not be returned to the Social Security Administration after Jan. 31, the year following.
What Is Form W-2?
Form W-2 provides information on income and withholding to employees in order to fill out their tax returns for income, and it provides similar information to the IRS and the Social Security Administration (SSA).
The form must be completed for every worker from whom income, Social Security, and Medicare taxes were withheld during the course of the year. There is an exception for employees who claimed they were exempted from withholding forms on the W-4. The forms must be provided to employers when they hired them.
Who is using Form W-2?
Employees aren’t eligible for Form W-2. This applies to independent contractors, freelancers as well as other non-employees such as vendors. If you wish to provide income information to these individuals, you should use Form 1099–MISC. The majority of non-employees need to receive a 1099-MISC form when you’ve paid them $600 or more in the prior year.
Where can I get forms W-2?
W-2 forms are available at your local office supply shop or through your CPA or on the internet from IRS. You can also obtain W-2 forms from a variety of business tax preparation programs.
How do I file W-2 forms?
Forms for W-2 as well as a W-3 form have to be submitted to SSA on or before January 31st of the following year. January 31 is the deadline to give W-2 forms out to employees. W-3 is a form that sends data to the SSA. It adds all of the information from W-2 forms into one total.