W2 Form 2021 Printable – IRS Form W-2 provides information regarding the gross wage of an employee, Social Security, Medicare and federal tax withholdings. It also lists the tax-related deductions. Employers are required to provide this form to every employee who worked for their business during the tax year.
W2 Form 2021 Printable PDF
The form should be filled out by employees and returned to the Social Security Administration by January 31st of the next year.
What is Form W-2 and how Does It Work?
Form W-2 is used to provide income and withholding information to employees for their tax returns for income and also provides the same details to the IRS as well as the Social Security Administration (SSA).
The form should be filled out by each worker whose the income, Social Security or Medicare taxes were withheld. If employees claim to be exempted tax withholding is not mandatory on W-4 forms they must have given to their employers during the hiring process.
Who is using Form W-2?
For those who are not independent contractors, freelancers or other non-employees, Form W-2 is given to employees. If you wish to provide the information on income to these people, you should use Form 1099–MISC. If you have paid $600 or more to them in the past year, most non-employees will require a 1099MISC form.
Where to get Forms W-2
W-2 forms can be found at your local office supply store or from your CPA as well as online at IRS. Forms for W-2 can be found through a variety of tax preparation software.
How to file forms W-2
W-2 forms as well as a W-3 form have to be sent to SSA on or before January 31st of the following year. Jan. 31 is also the date for the W-2 forms to be distributed to employees. The form W-3 is a transmittal document that is used to consolidate all information from individual W-2 forms into a total that can be used by the SSA.