What is W-2 Form?
W-2 Form is a tax document used in the United States to report an employee’s annual wages and the taxes withheld from their paycheck. Employers are required to provide a W-2 Form to each employee by January 31st of the following year, detailing the total income earned and the amounts deducted for federal, state, and other taxes. It is used by employees to file their income tax returns.