How to Read W 2 Form?

Find your name, address, and Social Security number in Box a through Box f

Check Box 1 for your total taxable wages, tips, and other compensation

Check Box 2 for the federal income tax withheld from your pay

Check Box 3 for your Social Security wages

Check Box 4 for the Social Security tax withheld

Check Box 5 for your Medicare wages and tips

Check Box 6 for the Medicare tax withheld

Review Boxes 7 and 8 for Social Security tips and allocated tips, if any

Review Box 10 for dependent care benefits, if any

Review Box 12 for codes showing other income or tax amounts

Check Box 13 to see if the box for Statutory employee, Retirement plan, or Third-party sick pay is marked

Check Box 14 for other deductions or information from your employer

Review Boxes 15 through 20 for state and local wages, taxes withheld, and employer information

Compare the amounts with your final pay stubs and year-end records

Use the form to file your federal and state tax return

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