How To Read A W2 Earnings Summary 2019

Box 1 wages tips other compensation this box is calculated by taking gross wages received in 2019 and subtracting the following reductions.

How to read a w2 earnings summary 2019. Each section on your w 2 contains important information related to your taxes. Click view printable w 2 to ensure that the figures are finalized. When you read a w2 for the first time youre likely to get confused quickly. How do i read a w 2.

Your social security number your employers tax id number or ein everyones addresses and their full legal names. Boxes a through f are all identifying information. Form w 2 is filed by employers to report wages tips and other compensation paid to employees as well as fica and withheld income taxes. How to read your w 2 form.

With tax season in full swing you probably have a number of tax forms either in hand on on the way. You may also attain an electronic copy of your w 2 on ess in the ess menu under w 2 summary. If youre an employee one of those forms is the form w 2 wage and tax statementno matter. Your social security number which the irs uses to identify you.

Box d is a control number that identifies your unique form w 2 document in your employers records. Here is a box by box guide of copy b the one youll file with your federal tax return and what each section means. But nearly everyone working in the usa receives one of these w2 forms every year.