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Form it 2 Summary of Federal Form W 2 Statements Tax Year 2022

Nys it 201 Instructions 2022-2025 Form

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Video instructions and help with filling out and completing Form IT 2 Summary Of Federal Form W 2 Statements Tax Year

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Instructions and help about nys it 2

all right for this video we wanted to walk through how to read your for W2 wage and tax statement for the year so we've got a sample W2 here for an employee that was provided to the employee and this information is sent to the IRS and it has some of the more common items that we see on a form W2 so we'll go through the form W2 each box and discuss each item and then we also have a sample form 1040 here for the same taxpayer and we'll have a look at how each item gets reported on the 1040 or if it's not reported at all why is that so if we start on the leand side here this is pretty straightforward information right we have the social security number of the employee the Ein or the tax ID number of the company that was the employer and then the employees information in box E and F now in boxes 1 three and five we start to see some of the compensation here so box one are the wages that were paid to the employees so this is total compensation that is subject

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