How Do You Fill Out A W-2 Form?
In January of each year, business accountants across the United States scramble to complete IRS W-2 tax forms to send to salaried and hourly employees. Filling out a W-2 form is quite simple and is usually done through the use of software that automatically prints the forms. Put the employee’s social security number in spot A on the W-2 form. Place the business’s EIN and address in spots B and C. Put the employee number of the worker if any, name and address is spots D, E and F. Write the employee’s total wages for the year in spot 1. The federal taxes that have been withheld goes in spot 2. Social security wages and withholdings go in spots 3 and 4. Medicare wages and tips and withholdings go in spots 5 and 6. Tips to be reported to Social Security Administration go in spot 7. Place state tax information on the bottom line of the W-2. This includes the state abbreviation, the employer’s state ID number and total state wages and taxes paid. Local wages, tips and withholdings belong at
