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What is tax form W 3?

IRS Tax Form W-3 (Transmittal of Wage and Tax Statements) Tax Form W-3 is a transmittal which is forwarded to the Social Security Administration, showing total earnings, Medicare wages, Social Security wages, and withholding for all employees encompassing the entire year.

What are W - 3 forms?

A W-3 form is a transmittal form basically containing the summation of all the W-2 forms of all your employees. The title of the form is “Transmittal of Wage and Tax Statements”. You’re probably familiar with W-2’s, the W-2 form contains all the wages earned and all taxes withheld for the year.

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