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In US territories, the W-2 is issued with a two letter territory code, such as W-2GU for Guam. Corrections can be filed using Form W-2c. The use of the form has led to the phrase "W-2 employees" to refer to those who receive Form W-2, in contrast to independent contractors and other "1099 workers" whose income is instead reported on Form 1099. [2]
The Form W-2, Wage and Tax Statement, is used to report wages paid to employees and the taxes withheld from them. [46] Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship. An employer must mail out the Form W-2 to employees on or before January 31.
Your employer, according to the IRS, is required to provide or send Form W-2, known as a "Wage and Tax Statement" to you no later than Jan. 31.
In March 2017, Google introduced Drive File Stream, a desktop application for G Suite (now Google Workspace) customers using Windows and macOS computers that maps Google Drive to a drive letter on the operating system, and thus allows easy access to Google Drive files and folders without using a web browser. It also featured on-demand file ...
Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of workers.
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