What is W2

The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS) at the end of each year. The w2是什么 form is the official Wage and Tax Statement that reports an employee’s annual wages and the amount of taxes withheld from their paycheck.

If you work for an employer, then your employer withholds income taxes from each of your paychecks. That’s because both federal and most state governments collect income tax year-round, not just on April 18th, 2018 (the tax filing deadline for tax year 2017).

Every January or early February, you should receive a Form W-2 Wage and Tax Statement from your employer that lists exactly how much money you made the previous year, how much went to tax withholdings and how much of it went to federal taxes as well as state taxes.

Form W-2 is called an informational return because it informs several important parties about your earnings and amount of taxes paid for the year:

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