Taxes and Stuff EPF 2025

What is a W-2 form?

• A W-2 form is a form used by employers to report an employee's annual salary and the amount of taxes they owe.

• A W-2 form is a tax form used by employers to report an employee's annual wages and the amount of taxes withheld from their paycheck.

• A W-2 form is a form used by employees to report their annual wages and the amount of taxes they owe.

• A W-2 form is a form used by employers to report an employee's annual wages and the amount of taxes they owe.

When should employers provide W-2 forms to employees?

• December 31st

• April 15th

• January 31st

• February 28th

What information is included in a W-2 form?

• Bank account details, deductions, and other relevant information

• Wages, taxes withheld, and other relevant information

• Employment history, deductions, and other relevant information

• Personal identification information, deductions, and other relevant information

What is the purpose of a W-2 form?

• To report an employee's job title and responsibilities.

• To track an employee's vacation days.

• To report an employee's annual wages and taxes withheld.

• To calculate an employee's retirement benefits.

What is the deadline for employers to file W-2 forms with the IRS and to make available to employees?

• March 15th

• February 28th

• January 31st

• December 31st

What should employees do if they haven't received their W-2 form?

• Contact the employer

• Wait for the employer to send it

• File a complaint with the IRS

• Ask a coworker for their W-2 form

Are W-2 forms only for full-time employees?

• Yes

• No

• Only for contractors

• Sometimes

The image shown represents which tax structure?

• Optional

• Regressive

• Flat

• Progressive

What is the standard deduction amount for the Tax Year 2022?

• $22,320

• $10,530

• $12,950

• $2,950

If you have a change in the number of dependents you wish to claim for tax purposes, which form should you complete?

• W-2

• I-9

• 1099

• W-4