What does W-2 mean in Employment?
This page is about the meanings of the acronym/abbreviation/shorthand W-2 in the Governmental field in general and in the Employment terminology in particular.
A form that employers send out to employees each year reporting what they were paid
officially called the Wage and Tax Statement, used by employers to report wages, salaries, and other compensation to employees as well as federal, state, and local taxes withheld and remitted on those earnings. Also used to report FICA taxes withheld and remitted to the Social Security Administration.
Submitted by TriplePurple on December 13, 2023
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Definition
What does W-2 mean?
- W-2(Noun)
- A form reporting one's compensation as an employee during a year at an employer or personal income taxation.
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