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Frequently Asked Questions

What is a W 2 tax form?

What is a W-2 Tax Form. A W2 is a tax form that documents money paid to you, and money withheld from your paycheck. It includes your commissions, tips, wages, and the taxes that were withheld from your income for federal, state, and social security purposes.

What is IRS Form W - 2?

Form W-2 (officially, the "Wage and Tax Statement") is an Internal Revenue Service (IRS) tax form used in the United States to report wages paid to employees and the taxes withheld from them. Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship.

What are federal tax forms?

IRS Form 1040 (U.S. Individual Income Tax Return) is the standard federal income tax form people use to report their income, claim tax deductions and credits, and calculate the amount of their tax refund or tax bill for the year. There are three varieties of the form — the 1040EZ, the 1040A and the 1040 — that cover simple to complex tax situations.


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