Boxes 17 and 19 will report the state and local income taxes that your employer must also withhold from your wages. Although you need these amounts to prepare your state tax return, the payments are also deductible on your federal tax return as part of your itemized deductions....
W-2 Box 18: Local wages, tips, etc. If your employee’s wages are subject to local income tax, include their total taxable wages in Box 18. Leave this box blank if the employee works in a locality with no income tax. The amount you list in Box 18 might differ from Boxes 1 and ...
1 Wages, Tips and Other Compensation Federal taxable wages are reported in this box.Box 2 Federal Income Tax Withheld The total Federal income tax withheld from your pay is reported in this box.Box 3 Social Security Wages The wages subject to Social Security tax, not to exceed $117,000.
Box 2Federal income tax withheldTaken from the Federal Withholding Year to Date in the Employee Summary window and Employee Tip Summary window. Box 3Social Security wagesTaken from the FICA Soc Sec Wages Year To Date field in the Employee Summary window. The system checks the maximum Social Sec...
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Local income tax: Total local taxes withheld from an employee's wages throughout the year. 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 ...
— Total calendar year local taxable wages, tips, and other compensation paid to the employee. Box 19: Local income tax — Total calendar year local income tax withheld from employee wages. Box 20: Locality name.Step 1: Download your Form W-2sYou can access your Form W-2s from your ...
Box 18: If you are subject to local, city, or other state income taxes, box 18 reports those wages. Box 19: Reports the total amount withheld from your wages for local, city, or other state income taxes. Box 20: Is the legal name of the local, city, or other state tax being repo...
Copy 1 is for the Local Tax Department; Copy B is designated for the employee’s Federal Tax Return; The employee keeps Copy C for his own records; Copy 2 is for the employee’s local income tax return; The employer gets to keep Copy D. ...
Box 14:An employer can report any additional tax information that may not fit into the other sections of a W-2 form, such as state disability insurance taxes and union dues. Boxes 15-20:The last six boxes on a W-2 relate to state and local taxes, including how much income is subject...