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W-2
[ duhb-uhl-yoo-too, -yuh- ]
- a standard tax form showing the total wages paid to an employee and the taxes withheld during the calendar year: prepared by an employer for each employee.
Example Sentences
One man from Tennessee found the number “666” on his W-2 tax form and immediately quit his job.
If you’re a working stiff with a W-2 and some 1099s, the government already has most of your tax information, and the collection process associated with that information is largely automated.
Simple tax returns include those that only have one W-2, mortgage interest, daycare expenses and student loan interest.
If your tax documents only include a W-2, mortgage interest and student loan interest, then you may be able to file your taxes yourself without any hiccups.
One is that it applies only to wages, tips, bonuses, commissions, and some fringe benefits — generally, almost anything that appears on the annual W-2 forms workers receive from their employers.
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