Register

What is the purpose of a W-2 form?

What is the purpose of a W-2 form?
asked 126k views
1 vote
What is the purpose of a W-2 form?

asked
User Schroedinger
by
7.9k points

1 Answer

2 votes
W-2 forms reflect income earned from the prior year. Employers use W-2s to report FICA taxes for employees. The IRS uses W-2 forms to track the employee's tax obligation.
answered
User Kroksys
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!