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What Is a W-2?

By Adam Levy – Updated Dec 16, 2024 at 1:43PM

Key Points

  • W-2 forms must be filed by employers by Jan. 31, detailing employee wages and taxes withheld.
  • Employees use W-2 form details to file income taxes and adjust withholdings via form W-4 if needed.
  • Checking W-2 accuracy is crucial for correct tax return filing; report errors to employers immediately.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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