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Anaheim California online Form W-2: What You Should Know

This form provides information for all  time worked and the wages, if any, paid thereunder. Form W–2 is a form that most people in the United States file on their own. It consists solely of wages and salary information and should not cost any money to produce. You cannot print or  download this form. You are not entitled to the benefits that you would receive after filing Form W-2. Please consult an accountant before  investing in an audit. You must file Form W-2 if you are, or were, an employer whose employees are required to: (1) file a regular tax return, or (2) file a return where an amount has been withheld due to an over-      income tax liability that you are claiming to be correct. Form W-2 will not show all of your employee's wages and salaries on payslips. It is important that you know how to apply  employee income tax withholding. If you must file Form W-2, you must calculate the amount for your employee, and make the withheld amount known prior to  submitting the Form W-2. Form W-2 will not show earnings from self-employment that are subject to federal or state withholding, but that you are not  required to withhold. When the Form W-2 is processed, the withholding will be calculated for you and will be applied to the withheld  amount. Wages, Salaries and Related Information on Each Employees' W-2 — IRS Form W-2 shows a person's reported wages. If a person is an employee of more than one business and more      than one pay period, each person's Form W-2 shows the wages paid to that business, along with any related income.   A Form W-2 also shows related information. An example may be the type of business, and any related activities. If a      person changes business units, the person would need to file an amended Form W-2 for each business. The amended Form W-2 would need      to show the new employer's name, business name and new business unit, and pay period. An employee's new      name, and employer, would need to be entered for all new Forms W-2.

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