Wisconsin W2 Form Printable – IRS Form W-2 gives details regarding the gross wage of an employee, Social Security, Medicare and federal income tax withholdings. It also lists any tax-related deductions. Employers must give this statement to each employee who worked for the company in the tax year.
Printable W2 Form For Employers Form Resume Examples
This form must be completed by employees and returned to the Social Security Administration by January 31st of the next year.
What is Form W-2?
For income tax returns, employees are able to use the Form W-2 to report the amount of income earned as well as withholding. The IRS and Social Security Administration (SSA) do not have the same information.
The form should be filled out by every worker for whom income, Social Security or Medicare taxes were withheld. If employees 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 Uses Form W-2?
Employees aren’t qualified for W-2. This applies to freelancers, independent contractors and any other non-employees like vendors. For information on income those who are employees would use Form 1099-MISC. The majority of non-employees need to receive a 1099-MISC form when you paid them $600 or more in the prior year.
Where to get Forms W-2
W-2 forms can be obtained from the local office supply store or from your CPA or on the internet from IRS. You can also get W-2 forms from a variety of businesses tax preparation software.
How to Filing Forms W-2
Forms for W-2, as well as a W-3 form, must be sent to SSA no later than Jan. 31 of the next year. Jan. 31 is the deadline for employees to receive W-2 forms. Form W-3 is a transmission form used to add up all the information on the individual W-2 forms to create an overall total to be used by the SSA