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Learn more about FW2-2014 Wage and Tax Statement

What is a FW2-2014 Wage and Tax Statement?

Every employer engaged in a trade or business who pays remuneration, including noncash payments of $600 or more for the year (all amounts if any income, social security, or Medicare tax was withheld) for services performed by an employee must file a Form W-2 for each employee (even if the employee is related to the employer) from whom:

Income, social security, or Medicare tax was withheld.

Income tax would have been withheld if the employee had claimed no more than one withholding allowance or had not claimed exemption from withholding on Form W-4, Employee's Withholding Allowance Certificate.


How to File a FW2-2014 Wage and Tax Statement?

W-2 forms reveal how taxes affect employees� annual earnings. Plus, they let workers know whether they can expect a tax refund from paying more taxes than was necessary. If you�re an employee and your W-2 includes any errors, you�ll need to report that information to your boss as soon as possible. In some cases � like when your name on the form doesn�t match the name on your Social Security card � you may need a whole new form.


Sources: https://smartasset.com/taxes/how-to-fill-out-your-w-2-form

Sample FW2-2014 Wage and Tax Statement
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