Business, 01.02.2020 16:45 badpotterchris

What types of information does a w-2 form contain? check all that apply.
how much has been earned
how much sales tax has been paid
how much has been withheld for taxes
how much property tax has been paid
how much additional tax is due
how much withheld tax will be refunded

Answers: 3

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Answer from: aide1234564

the answer is:

how much has been earned

how much has been withheld for taxes

W-2 form filled with various information that needed to directly cut down a part of employees' salary to be allocated to the government's fund every time the salary is distributed.

After writing how much the employees have earn, the company would have placing the employees to their tax brackets and take the tax payment according to the percentage in the tax bracket. The employees could propose a tax return every year after showing proof of their operational expense.

Answer from: maru91

The correct options are 1 and 3. W-2 form contains the information about how much has been earned and how much has been withheld for taxes.

Further Explanation:

W-2 form:

W-2 form is filled by the employer. It is a legal document of the internal revenue services of the country. Every employer who pays paycheck to their employees has fill W-2 form and send it to the employees. Employees need this form to file their return. It is considered as a proof of income and employment. The employee does not have to pay the taxes withheld by the employee. That tax liability is paid by the employer from the side of the employee. The last day to send the W-2 form is 31 December. W-2 form carries two main information about the employee:

Wages or salary of the employee. Taxes withheld by the employer.

Thus, the W-2 form contains the information about the compensation to the employee and the tax withheld.

Learn more:

1.Learn more about the W-4 form

2.Learn more about the personal taxation

3.Learn more about the state income tax

Answer details:

Grade: Senior School

Subject: Taxation

Chapter: Income Tax

Keywords:types, information, W-2 form, contain, earned, sales tax has been paid, withheld for taxes, property tax has been paid, additional tax is due, withheld tax refunded

Answer from: Quest

answer: yo mama

explanation: yo mama

Answer from: Quest

Ibelieve it's the left middle finger

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What types of information does a w-2 form contain? check all that apply.
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