Form W-2

Form W-2 is a tax document that employers in the United States must provide to their employees each year. It reports the employee's total earnings, taxes withheld, and other compensation information for the previous calendar year. The W-2 form helps employees accurately file their income tax returns, as it outlines how much income they earned and how much tax has already been paid. Employees typically receive copies by early February following the tax year, and it is essential for ensuring compliance with tax regulations and determining tax obligations or refunds.