Here’s What One Can Expect From Samsung Galaxy S24 Series
The tech world is buzzing with anticipation as the Samsung Galaxy S24 series release draws near. Samsung's reputation for pushing the boundaries of sm
Form W-2, or the Wage and Tax Statement, is an important document that reports the employee’s income and withheld tax to the IRS. These reports are then sent to the employees every January from employers who pay an individual at least $600 annually. The W-2 is crucial in helping one file their tax returns correctly, as it enlists contributions, insurance, benefits, and many other essential components. Read on to learn more about this form.
Reading the W-2
The form has several components that one needs to fill in correctly. Here’s a simple breakdown:
Due Date
Employers are expected to furnish W-2 forms to the employees and the IRS on or before January 31. Failing to do so may result in penalties.
Copies
The employer is expected to make multiple copies of the W-2 form, of which three are sent to the employee. Copy B is used to report federal income tax, Copy 2 is used to report state, city, and other local income tax, and Copy C is used for maintaining personal records.
The tech world is buzzing with anticipation as the Samsung Galaxy S24 series release draws near. Samsung's reputation for pushing the boundaries of sm
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Arthritis is an inflammatory condition that causes swelling and tenderness in one or more joints in the body. The main symptom of this condition is jo