Form W-2

Form W-2 is the annual wage and tax statement employers provide to employees and file with the Social Security Administration to report taxable wages and certain taxes withheld.

Employees use Form W-2 when preparing their individual tax returns. Employers are responsible for reporting the required wage, tax, and benefit information and providing the form by the applicable deadline. Payroll records throughout the year feed into the W-2, so accurate employee information and year-end reconciliation matter.