Massachusetts W2 Form Printable – IRS Form W-2 gives details regarding the gross wage of an employee, Social Security, Medicare and federal income tax withholdings. The form includes the tax-related deductions. This statement must be given to each employee who worked in the tax year, by the employer.
Printable W2 Form For Employers Form Resume Examples
The employee must complete the form and submit it to the Social Security Administration before January 31, 2012.
What is Form W-2 and how Does It Work?
To be used by employees on their income tax returns Form W-2 provides them with income and withholding information. It also provides similar information to the IRS (and the Social Security Administration (SSA)).
This form must be completed by every worker for whom 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 Form W-2
The W-2 form is only given to employees, and not freelancers or independent contractors. It is recommended to prefer to use Form 1099-MISC to report income to these people. Form 1099-MISC is required for all employees who earned more than $600 in the preceding year.
Where to Get Forms W-2
W-2 forms may be purchased at your local office supply or through your CPA. You can also access them online through the IRS. W-2 forms can be obtained from most tax preparation programs.
How to file Forms W-2
Forms for W-2 and a W-3 must be submitted by SSA no earlier than January 31st of the next calendar year. January. 31 is also the deadline for W-2 forms being given to employees. Forms for W-3 are transmission forms which combine the information on W-2 forms to form an overall for SSA.