Virginia W2 Form Printable – IRS Form W-2 details information about the gross salary of an employee, Social Security and Medicare pay, federal and state income tax withholding, and other deductions for taxes. This statement must be given to every employee who was employed during the tax year by the employer.
Printable W2 Form For Employers Form Resume Examples
The form should not be returned to the Social Security Administration after Jan. 31 of the year following.
What is Form W-2?
For income tax returns, employees are able to use the Form W-2 to report income and withholding. The IRS and Social Security Administration (SSA), however, have the same information.
It must be completed for each worker whose income, Social Security and Medicare taxes were withheld in the year. There is an exception for employees who claimed they were exempted from withholding on W-4 forms. The forms must be provided to employers at the time they hired them.
Who uses Form W-2
Form W-2 is provided to employees, but not freelancers, independent contractors, and other non-employees such as vendors. If you wish to provide income information to these individuals then you must use Form 1099–MISC. If you’ve paid more than $600 to them during the previous year, the majority of non-employees would need to receive a 1099MISC form.
Where can you get W-2 forms?
W-2 forms can be found at local office supply stores or from your CPA, and online from 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 form must be submitted to SSA by Jan 31st of the following year. The deadline is January 31 to give W-2 forms out to employees. Form W-3 is a transmission form used to add up all the information on the individual W-2 forms to create a total to be used by the SSA