

In addition to providing a copy to the employee, the employer is also mandated by law to submit copies of the form to the IRS and any applicable state tax agencies to ensure transparency and compliance. The employer must provide the employee with a copy of the completed W2 form so they can file their taxes correctly and efficiently. In essence, it’s a comprehensive financial record of an employee’s earnings for the year. Can an employer charge for a replacement W-2? What is a W2 Form?Ī W2 Form is an Internal Revenue Service (IRS) tax form that is used to report wages, salaries, and other forms of compensation paid to an employee.What are the penalties for submitting W-2s late?.Can an Employee Receive More Than One W-2?.Can employers furnish W-2s to employees electronically?.What should I do if an employee’s copy of the W-2 is returned as undeliverable?.By what date must W-2s be sent to employees?.How Much Money Do You Need to Make to Get a W-2?.


Box 1 – Wages, tips, other compensation.What Information Does Form W-2: Wage and Tax Statement Include?.Who receives a Form W-2 – Wage and Tax Statement?.
