Locality name: A short description of the state or local tax being paid. Social security tax: Usually a 12.4% deduction, with 6.2% coming out of the employee's wages and 6.2% coming out of your own. There is a maximum amount that can be taxed, but it changes by year. Up to date,...
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How to complete your W2 Forms Form W-2 is a six-part form. Send Copy A to the Social Security Administration; Copy 1 to your state, city, or local tax department; and Copies B, C, and 2 to your employee. Keep Copy D, and a copy of Form W-3, with your records for 4 years....
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In addition to your signature, you will need to state the date when you filled it out. When the employer receives the form from you, they will need to complete it by filling a special ’employers only’ box at the end of it. This will notify the IRS of when you started your work ...