W-2 Form

AAA

DEFINITION of 'W-2 Form'

The form that an employer must send to an employee and the IRS at the end of the year. The W-2 form reports an employee's annual wages and the amount of taxes withheld from his or her paycheck.

INVESTOPEDIA EXPLAINS 'W-2 Form'

A W-4 is a form that individuals complete for withholding purposes, whereas a W-2 form is for employers to fill out. The employer must provide the employee their W-2 form by the deadline set by the IRS.

RELATED TERMS
  1. Withholding Allowance

    An allowance an individual claims on a W-4 Form. A withholding ...
  2. IRS Publication 926

    A document published by the Internal Revenue Service (IRS) that ...
  3. IRS Publication 15-B - Employer's ...

    A document published by the Internal Revenue Service that provides ...
  4. Form 1099-Misc

    Form 1099-Misc is a tax form that reports the year-end summary ...
  5. W-4 Form

    A form completed by an employee to indicate his or her tax situation ...
  6. Withholding Tax

    1. Income tax withheld from employees' wages and paid directly ...
Related Articles
  1. 10 Steps To Tax Preparation
    Taxes

    10 Steps To Tax Preparation

  2. Tax Tips For The Individual Investor
    Retirement

    Tax Tips For The Individual Investor

  3. Surviving The IRS Audit
    Taxes

    Surviving The IRS Audit

  4. Should You File An Early Tax Return?
    Taxes

    Should You File An Early Tax Return?

comments powered by Disqus
Hot Definitions
  1. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  2. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  3. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  4. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  5. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  6. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
Trading Center