How to Read a W2 Statement?

Find your personal information at the top

Check your Social Security number

Review your employer’s name, address, and EIN

Look at Box 1 for wages, tips, and other compensation

Look at Box 2 for federal income tax withheld

Check Box 3 for Social Security wages

Check Box 4 for Social Security tax withheld

Check Box 5 for Medicare wages and tips

Check Box 6 for Medicare tax withheld

Review Box 12 for codes and amounts

Check Box 13 for retirement plan, statutory employee, or third-party sick pay

Check Box 14 for other deductions or information

Review Boxes 15 through 20 for state and local tax information

Compare the amounts with your final pay stub

Use the W-2 to file your tax return

Keep a copy for your records

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