Irs Form W-2
/ˌaɪ.ɑːrˈɛs fɔːrm dʌbəljuː tuː/
Definitions
- (n.) An IRS tax form documenting an employee's annual wages and the amount of taxes withheld from their paycheck.
Employees receive an IRS Form W-2 from their employer every year to file federal and state tax returns.
Forms
- irs form w-2
Related terms
See also
Commentary
The IRS Form W-2 is a critical document for both employers and employees in tax reporting; accuracy in reporting wages and withholdings is essential to avoid penalties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.