Pennsylvania W2 Form Printable – IRS Form W-2 provides information on the gross salary of an employee, Social Security and Medicare pay, federal and state income tax withholdings, as well as other tax-related deductions. Employers must provide this statement to every employee who worked for their business during the tax year.
Pa Form W2 S Instructions Universal Network
The employee must complete the form and return it to the Social Security Administration before January 31, 2012.
What exactly is Form W-2?
To file taxes on income, employees are able to use the Form W-2 to declare the amount of income earned as well as withholding. The IRS and Social Security Administration (SSA) do not have the same information.
It must be completed for every worker whose earnings, Social Security and Medicare taxes were withheld during the year. For employees who claim to be exempted, withholding is not required on the W-4 forms that they have to provide their employers during the hiring process.
Who is using Form W-2?
The W-2 form can only be given to employees, and not to independent contractors or freelancers. If you wish to provide the information on income to these people then you must use Form 1099–MISC. If you’ve paid $600 or more to them during the previous year, the majority of non-employees would require a 1099MISC form.
Where can you find W-2 forms?
W-2 forms are available at your local office supply shop or through your CPA or on the internet from IRS. Forms for W-2 are also accessible from most tax preparation software.
How to Filing Forms W-2
W-2 forms must be submitted together with a W-3 form to SSA no later that the 31st of January. January. 31 is also the date for W-2 forms being given to employees. Form W-3 is a transmittal form that is used to combine the details on the individual W-2 forms to create a total to be used by the SSA