W2 Form Printable – IRS Form W-2 contains information about employees’ gross pay, Social Security and Medicare payments as well as federal and state income tax withholdings, and other tax-related deductions. This statement must be provided by employers to all employees who worked during the tax year of the company.
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The employee has to fill out the form and return it to the Social Security Administration before January 31, 2012.
What exactly is Form W-2?
To be used by employees on their income tax returns Form W-2 provides them with income and withholding information. The form also gives the same information to the IRS (and the Social Security Administration (SSA)).
It must be filed for each worker whose the income tax, Social Security, and Medicare taxes were withheld during the the year. For employees who claim to be exempt 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?
Employees aren’t qualified for W-2. This is for freelancers, independent contractors and any other non-employees like vendors. If you want to give income information to these individuals then you must use Form 1099–MISC. Non-employees must get a 1099-MISC when they have received $600 or more during 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. Forms for W-2 can be found through a variety of tax preparation software.
How to Filing Forms W-2
Forms for W-2 and W-3 forms must be filed by SSA no earlier than January 31st of the following calendar year. January. 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 individual W-2 forms into an overall total for the SSA