How Do You Complete A W2 Form?
If you are an employer, you must complete a W2 form for each employee. Your employees must receive this form by January 31. Enter your company’s Employer Identification number in Box B and your company’s name, address and ZIP code in Box C. Put the employee’s Social Security number in Box D and his name and current address in Box E. Enter the person’s total wages, tips, bonuses, commissions and other compensation for the calendar year in Box 1. Input the total amount of federal taxes you withheld for the employee in Box 2. Record the amount of earnings you paid the employee that is subject to Social Security tax in Box 3. Print in Box 4 of the W2 the amount of Social Security tax that you withheld for the person. Enter into Box 5 the total amount of the employee’s wages and other compensation that is subject to Medicare tax. Put the amount of Medicare tax that you withheld from her income for the year into Box 6. Use Box 7 for the amount of tips the employee earned and reported to you.
