W2 Form 2024 Printable – The W-2 form, also known as the Wage and Tax Statement, is a document that employers are required to send to their employees and the Internal Revenue Service (IRS) at the end of each year. It reports an employee’s annual wages and the amount of taxes withheld from their paycheck. For the year 2024, the W-2 form would specifically relate to the wages earned and taxes withheld during the 2023 calendar year.
The W-2 form includes information such as:
- The employee’s Social Security number.
- The employer’s identification number (EIN).
- The total amount of wages, tips, and other compensation paid to the employee.
- Federal income tax withheld.
- State income tax withheld, if applicable.
- Social Security wages and taxes withheld.
- Medicare wages and taxes withheld.
- Contributions to retirement plans, if applicable.
- Other relevant financial information related to employment.
Employers must send the W-2 forms to their employees by January 31st of the year following the reported earnings. This allows employees to use the information from the W-2 form to file their federal and state income tax returns.
It’s also worth noting that there may be updates or changes to the form or its requirements by the IRS for the 2024 version. These changes could relate to reporting requirements, deadlines, or specific tax-related information to be included on the form. For the most accurate and up-to-date information, it’s always a good idea to consult the IRS website or a tax professional.
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