The Internal Revenue Service has strict rules when it comes to the usage of different kinds of forms. While most other forms related to a workplace can have their flexibilities, Form W-2, Wage and Tax Statement consist of literally every type of income that an employee may have received that year.
Since this is all related to the requirements of IRS to the employers which they have to report wage and salary information on Form W-2 so that the IRS can calculate their income and compare it with the taxes that have withheld from their paychecks and calculate that employee’s income tax.
Blank Copy of Form W-2
Every company that needs any form of IRS document or form can request from the IRS but since it will be sent by mail, it can take up to 10 business days which is annoying. So you can simply head over to the IRS website, view the Form W-2 in the form of a PDF file.
From there on you can download and print it off directly from your browser by clicking the print button at the top right of the screen. Click the link below to download the IRS Form W-2 for free from the Internal Revenue Service’s website.
If too much taxes is withheld from their paycheck that exceeds their tax liability, they will receive a refund. If not, they will have to pay taxes. So in a way, we can say that Form W-4 and W-2 determine most of your employee’s annual income tax.
Also, the bottom of Form W-2 includes a part for the State income tax. So your employee is living in a state where they are also required to pay state income tax, it must be filled as well. Any missing information on the W-2 Form will result in the return of the documents back to you when you submit it to the IRS at the end of the year.