subject: A W-2 Form is used for? [print this page]
Why is a W-2 form so important during tax season? The employers utilize the form to disclose an employee's yearly wages and the taxes that are to be withheld. Staff are then filling in w-2 for their tax returns. If you've asked yourself what is W-2, the answer is that it is a summary of your earnings and taxes withheld for that year. Your W-2 is also sent to the IRS and they can use this form to match up with your tax return. You can avoid errors when you file taxes by carefully reading your w 2 form.
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