Posted By Admin @ September 03, 2022
The W-2 form is a form that tells you______.
1) how often you will be paid.
2) how much Texas you’ve paid in the last year based on how much you’ve earned.
3) how much taxes to withhold from your paycheck
4) how much taxes you owe to the federal government.
Answer:
2) how much Texas you’ve paid in the last year based on how much you’ve earned.
Explanation:
A W-2 form is a document showing the amount of money that an employee earned in a particular year and the amount of taxes withheld. The form is prepared by the employer and presented to each employer and the tax authorities.
Employees use the W-2 form to file their income tax and FICA taxes, while the tax authority uses the form to track down employee's tax obligations.