W-2 Form 2021 Printable – The IRS Form W-2 contains information about gross pay, Social Security, Medicare, State and Federal income tax withholdings, and other tax-related deductions. Employers are required to provide this form to each employee who worked for the business during the year of tax.
W2 Form 2021 Printable PDF
The employee must complete the form and submit it to the Social Security Administration before January 31st, 2012.
What exactly is Form W-2? how Does It How Does It Work?
Form W-2 is used to provide information on income and withholding to employees for their income tax returns and provides the same details to the IRS as well as the Social Security Administration (SSA).
It must be completed for every worker whose earnings, Social Security and Medicare taxes were withheld during the previous year. Employees who claim to be exempted from tax withholding on their W-4 forms, which they should have submitted to their employers prior to the time of hiring are exempt.
Who uses the Form W-2
Employees are not eligible for Form W-2. This applies to freelancers, independent contractors and any other non-employees like vendors. To provide income information to these people it is necessary to utilize Form 1099-MISC. If you have paid $600 or more to them in the past year, the majority of non-employees would require the 1099MISC form.
Where can I get forms W-2
Forms for W-2 can be obtained at the local office supply shop, or from your CPA, or you can download them from the IRS. You can also obtain W-2 forms from a variety of businesses tax preparation software.
How to Filing Forms W-2
W-2 forms and a W-3 form must be submitted to SSA by Jan 31st of the next year. Jan. 31 is also the date for the W-2 forms to be distributed to employees. Form W-3 is a transmittal form that is used to combine all the information on the individual W-2 forms to create an overall total to be used by the SSA