If you’ve ever looked at your W-2 form, you might have noticed Box 12 filled with a bunch of letters and numbers. It can be pretty confusing at first, but understanding what those codes mean is super ...
A form W-2 is issued by an employer to an employee. An employer has certain reporting, withholding and insurance requirements for employees that are a bit different from those owed to an independent ...
The Affordable Care Act (ACA) requires employers who file 250 or more W-2s to report the cost of coverage under an employer-sponsored group health plan on an employee’s W-2. This is reported in Box 12 ...
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What Is a W-2 Form? How Wage and Tax Statements Work Your email has been sent Key takeaways: A W-2 form is a federal tax form that documents an employee’s total compensation, fringe benefits, and tax ...