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Control Number UT P031 PKG  Form

Control Number UT P031 PKG Form

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and welcome to my youtube channel it's that time of year where everyone's thinking about their taxes and by January 31st everyone should receive their w-2s we have an example here of a w-2 that shows all of your information as provided by your employer and we're going to go over how to read this aw - is your wage and tax statement and it discloses your taxable income for the year w-2s are generally provided for full-time employees to report our taxable income for the previous year let's start by looking at box number one Agis tips and other compensation we have here in this example $48,500 as shown box one shows you your total taxable wages or salary the number here includes such things as wages salary tips that you've reported and any bonuses received over the course of the last year if we're receiving a taxable fringe benefit such as an employer provided group term life insurance coverage it will also be included here you may ask yourse

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