The W-2 Form is an employment form used for what purpose?

The W-2 Form is an employment form used for what purpose?

• A. Showing proof of identity
• B. Reporting wages and tax withholdings to the federal and state government
• C. Verifying eligibility to work
• D. Filing for unemployment benefits

Answer: (B)

The W-2 is a wage and tax statement that records how much you earned and how much was withheld in federal and state taxes. Employers issue a W-2 for each employee at year end, and you use it to file your annual tax return. It shows total wages, tips, other compensation, and the taxes withheld for Social Security, Medicare, and income taxes. This is its primary purpose—to report income and tax withholdings to the government. It isn’t used to prove identity, verify work eligibility, or file for unemployment benefits.

The W-2 is a wage and tax statement that records how much you earned and how much was withheld in federal and state taxes. Employers issue a W-2 for each employee at year end, and you use it to file your annual tax return. It shows total wages, tips, other compensation, and the taxes withheld for Social Security, Medicare, and income taxes. This is its primary purpose—to report income and tax withholdings to the government. It isn’t used to prove identity, verify work eligibility, or file for unemployment benefits.