The employee also receives a copy of the form to complete their personal income tax return on local, state and federal levels. The IRS uses W-2 forms to ensure businesses and employees pay taxes ...

You can use Schedule SE to help calculate your self-employment tax. It’s important to complete the form accurately and submit it with your federal income tax return. The Social Security ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's what to do if you haven't gotten yours yet. Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with ...

Part A of Form 16 provides a summary of the tax deductions undertaken by the employer on behalf of the employee, which are then reported to the Income Tax Department. It is essential to note that ...