W2 2023-2024 Form

Instructions and help about w 2 as

[Music] a w-2 is a tax document that shows your total wages and the amounts withheld for federal and state taxes Social Security and Medicare for the year employee benefits are also reported on your w-2 the form helps you fill out your tax returns correctly here's what you will find in your w-2 Box one shows your taxable wages you earn from your employer during the year the amount withheld for federal income taxes appears in box two box eight shows tips if you've kept adequate records of your tips during the year you can ignore the amount reported in box eight but if you don't have good records you must report What's in box II if your employer helped to pay for your child care as a benefit that will show up in box ten at that amount is more than five thousand dollars then it's taxable box 12 shows the employee benefits you received during the year for instance Cody shows the amount of 401k contributions you made during the year a code W shows the amount your employer contributed to you