A 2023 W-2 type PDF, formally often known as a Wage and Tax Assertion, is a doc issued by an employer to an worker. It stories the worker’s revenue and taxes withheld for the earlier 12 months, enabling them to file their tax return precisely.
This type is essential for people who must report their earnings and deductions to the federal government. It performs an important position in figuring out tax legal responsibility, making certain that taxes are paid precisely. The introduction of digital W-2 varieties has streamlined the method, permitting employers and staff to share and retailer the doc digitally.