- n. US, taxation A form reporting one's compensation as an employee during a year at an employer or personal income taxation.
“You get a paycheck and are what is known as a W-2 employees - all wages and income come from one employer via a W-2.”
“• Toss out your W-2 and 1099 forms from seven years ago and earlier.”
“• Toss out pay stubs after they are checked against your W-2 or 1099.”
“It was simple: Paste the name of a low-earning borrower onto a photocopy of a W-2 tax form belonging to a higher-earning borrower, run the cut-and-paste version through a Xerox machine and, like magic, you had a piece of paper that made a bad loan prospect suddenly look better.”
“A discount is recorded on your W-2 form that should raise cost basis and lower taxes when the stock is sold.”
“The number is not on the W-2 and there's no letter," says Melissa Labant , an expert with the American Institute of CPAs.”
“This means your year-end W-2 shows the net of your gross income less the retirement contribution.”
“It has always been simple for him, W-2 and April 15.”
“Not bad in Nebraska, but not good and ties me down almost as much as if I were a W-2.”
“Once his visa is granted the immigrant would file and pay Federal income tax every year, and if his W-2 income did not exceed the US 3rd-quartile wage for seven quarters out of every eight we would cancel his visa and make him leave the country.”
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