North Dakota W2 Form Printable – IRS Form W-2 gives details regarding the gross wage of an employee, Social Security, Medicare and federal tax withholdings. The form includes the tax-related deductions. Employers must provide this statement to each employee who worked for their company during the tax year.
Form SFN54485 Download Printable PDF Or Fill Online
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 for their income tax returns and also provides the same details to the IRS as well as the Social Security Administration (SSA).
It must be filled for every worker who’s earnings, Social Security, or Medicare taxes were withheld during the course of the calendar year. Employees who claim to be exempt from withholding on W-4 forms that they must have provided to their employers at the time for hiring are not exempt.
Who uses Form W-2?
Form W-2 is distributed to employees, but not independent contractors, freelancers as well as other non-employees, like vendors. You would prefer to use Form 1099-MISC to report income to these individuals. Non-employees are required to obtain a 1099-MISC if they earned $600 or more in the previous year.
Where can you get Forms W-2?
W-2 forms can be bought at your local office supply or through your CPA. It is also possible to access them online through the IRS. W-2 forms can be obtained from most tax preparation programs.
How to file forms W-2
W-2 forms and a W-3 form must be sent to SSA by Jan 31st of the following year. The deadline is January 31 to give W-2 forms out to employees. The W-3 form is a transmittal document that is used to consolidate the information on individual W-2 forms into a total which can then be utilized by the SSA.