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  2. What Is a W-2 Form? Everything You Need to Know for Tax ... - AOL

    www.aol.com/finance/w-2-form-works-223626479.html

    Number 1A on the 1040 form details your total amount from W-2 income, which will be box 1 on your W-2. Number 25 on the 1040 form details the federal income tax withheld on your W-2 forms.

  3. W-2 Forms: Understanding Your Most Important Tax Document - AOL

    www.aol.com/news/2014-01-16-w2-form-key-facts...

    When it comes to figuring your taxable income, the key number on your W-2 is in Box 1, labeled "Wages, Tips, and Other Compensation." ... Your W-2 has a huge amount of vital information to help ...

  4. Tipped wage - Wikipedia

    en.wikipedia.org/wiki/Tipped_wage

    The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips.According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the wage to fulfill that threshold.

  5. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    The Form W-2, Wage and Tax Statement, is used to report wages paid to employees and the taxes withheld from them. [46] Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship. An employer must mail out the Form W-2 to employees on or before January 31.

  6. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    Federal social insurance taxes are imposed on employers [35] and employees, [36] ordinarily consisting of a tax of 12.4% of wages up to an annual wage maximum ($118,500 in wages, for a maximum contribution of $14,694 in 2016) for Social Security and a tax of 2.9% (half imposed on employer and half withheld from the employee's pay) of all wages ...

  7. Is your W-2 tax form less than your salary? - AOL

    www.aol.com/finance/2019-02-06-is-your-w-2-tax...

    Employers can and do make mistakes on W-2s, and these errors can cost you money as well as time and effort to correct downstream tax ramifications.

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