Wage Reporting

W-2: Form for Reporting Wages and Salaries
Form W-2, formally known as the Wage and Tax Statement, is a detailed form used by employees to report wages and salaries to the Internal Revenue Service (IRS). Unlike independent contractors, who use 1099 forms, employees receive W-2 forms from their employers.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.