New Jersey W2 Form Printable – IRS Form W-2 gives details about the employee’s gross wages, Social Security, Medicare and federal income tax withholdings. The form includes any tax-related deductions. Employers are required to provide this form to every employee who worked for their company during the tax year.
New Jersey Diskette Format Requirements For Reporting
The employee must complete the form and submit it to the Social Security Administration before January 31, 2012.
What is Form W-2?
The W-2 form is used to provide information on income and withholding for employees to prepare their income tax returns. The form also provides the exact same information to to the IRS and the Social Security Administration.
The form must be completed for every worker whose income, Social Security, or Medicare taxes were withheld during the period of the calendar year. For employees who claim to be exempted, withholding is not required on the W-4 forms that they must have given to their employers in the hiring process.
Who Uses Form W-2?
The W-2 form is only given to employees, and not freelancers or independent contractors. You would prefer to use Form 1099-MISC to report income to these individuals. A 1099-MISC is required for all non-employees who paid you $600 or greater during the previous year.
Where can you find W-2 forms?
You can get W-2 forms at the local office supply shop, or from your CPA, or you can download them through the IRS. W-2 forms can be obtained through a variety of tax preparation software.
How do I file W-2 forms?
W-2 forms, along with a W-3 form, must be submitted to SSA by January. 31 of the following year. The deadline for giving W-2 forms to employees is also Jan. 31. W-3 forms are forms for transmission which combine the information on W-2 forms to create a total for SSA.