The article provides information on changes to the Form W-2 of the U.S. Social Security Administration. Revisions include the need to report designated Roth contributions to 401(k) plans using code AA in box 12,
If you find a discrepancy on Form W-2, you should contact your employer immediately to have it corrected. Also, remember that these benefits are paid for with pre-tax dollars so they are not eligible to be used as a deduction on your return. For example, health insurance is a c...
Generally speaking, it is easier to make corrections to errors on W-2 forms if they have not yet been filed with the SSA. In this instance, the employer can check the void box on Copy A of the W-2 Form and then create a new W-2 using the correct information. If the error is di...
An employer is responsible for filing a W-2 form for most employees with the Social Security Administration (SSA) each year. The SSA shares the information included on the W-2 forms with the IRS. Copies of a worker’s W-2 must also be provided to the employee, who then uses the form...
What is a W-2 form? If you just need the skinny, here are the main points to know about Form W-2: What’s reported on Form W-2:Employee wages and taxes withheld When it’s filed:Annually Who needs to file:Most employers in the U.S. ...
Here's a five-step guide on how to fill out your W-4. Step 1: Enter your personal information Fill in your name, address, Social Security number and tax filing status. Importantly, your tax filing status is the basis for which you might qualify for certain tax credits and deductions,...
A W-2 form is a tax form used by the IRS in the US. Employers create a W-2 form for each of their employees and send a copy to the...
What Is a W-9? Definition and Who Fills It Out A W-9 is an IRS form that independent contractors fill out to give businesses their tax ID number and personal information.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you tak...
Form W-9 is an Internal Revenue Service form which is used to confirm a person's taxpayer identification number (TIN).
If you hire freelancers, or independent contractors, you should ask them to provide their name, address and Social Security number or tax identification (ID) number on a Form W-9, Request for Taxpayer Identification Number and Certification. This document is for your records and does not get ...