W2 form


Also found in: Financial.

W2 form

Medical work A form given to an employee at the end of a year, which reports to the US federal government the employee's total earnings, and any earnings withheld for various purposes, including federal, state, local, and FICA taxes
References in periodicals archive ?
* Are there really local churches that ask their members to submit copies of their W2 forms for the purpose of monitoring tithes?
It's already that time of the year: W2 forms, Schedule C filings and those Form 1099 mailings are being printed and prepared ahead of the dreaded tax deadline.
The scam is simple: A district employee, often in the payroll or human resources department, receives an email from'what looks like a central office administrator, asking for employees' W2 forms and personal or financial information.
Some triggers are earned income credit (a high dollar refund would cause the IRS to question whether children claimed are actually dependents), home offices (in cases of high deductions in comparison to earnings, home depreciation, or withholding), tax shelter losses, unreported income on 1099 forms, and inaccurate W2 forms. "If the IRS thinks you made a minor mistake, they'll send a paper or correspondence audit.
They can also view their accrued time-off and retrieve W2 forms, taking the burden off busy HR departments.
To make enrollment easy the program asks participants to affirm their income level but does not require tax returns, W2 forms or other financial documents.
To accomplish this, Fowler believes the next step in the evolution of e-filing is to require information such as W2 forms, bank statements and broker statement be made available to taxpayers electronically.
Please bring the following necessary documentation: 2017 federal tax returns, 2017 W2 forms and record of untaxed income and investment/asset/business value.
To make enrollment easy, the program asks participants to affirm their income level but does not does not require tax returns, W2 forms or other financial documents.