19. answer all of the following questions about a w - 2 form. a. who receives a w - 2 form? b. why might one…

19. answer all of the following questions about a w - 2 form. a. who receives a w - 2 form? b. why might one person receive multiple w - 2 forms? c. what time of year do you receive a w - 2? d. what information is included on a w - 2? e. what do you use a w - 2 for?

19. answer all of the following questions about a w - 2 form. a. who receives a w - 2 form? b. why might one person receive multiple w - 2 forms? c. what time of year do you receive a w - 2? d. what information is included on a w - 2? e. what do you use a w - 2 for?

Answer

Brief Explanations:

a. Employees receive a W - 2 form from their employers to report annual wages and tax withholdings. b. A person may receive multiple W - 2 forms if they have worked for more than one employer during the year. c. W - 2 forms are typically received by employees no later than January 31 of the year following the tax year. d. A W - 2 includes information such as employee's wages, tips, other compensation, federal and state income tax withholdings, Social Security and Medicare withholdings. e. A W - 2 is used to prepare and file an individual's income tax return.

Answer:

a. Employees. b. Worked for multiple employers. c. No later than January 31 of the following year. d. Wages, tips, tax withholdings etc. e. To file income tax return.