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1 - W-2 Form

Total questions: 1

Worksheet time: 10mins

Name
Class
Date

1-10.

Answer the questions below after watching the video

1.

What is the deadline for employers to send the W-2 form to employees?

a)

March 1

b)

January 31

c)

December 31

d)

February 15

2.

What type of income is reported in Box 1 of the W-2 form?

a)

Taxable income

b)

Investment income

c)

Deferred income

d)

Non-taxable income

3.

What information does Box 2 on the W-2 form display?

a)

Allocated tips

b)

Earnings subject to Social Security taxes

c)

Federal income tax withheld

d)

Total taxable income

4.

Which boxes indicate the amount of earnings subject to Social Security and Medicare taxes?

a)

Boxes 7 and 8

b)

Boxes 1 and 2

c)

Boxes 3 and 5

d)

Boxes 4 and 6

5.

Which box on the W-2 form is used for reporting tips earned?

a)

Box 10

b)

Box 8

c)

Box 7

d)

Box 9

6.

What does Box 12 on the W-2 form represent?

a)

Federal income tax withheld

b)

Total earnings

c)

Compensation or reductions to taxable income

d)

State income tax information

7.

Which box would contain information about employer-provided health savings account contributions?

a)

Box 14

b)

Box 11

c)

Box 10

d)

Box 12

8.

What is the purpose of Box 13 on the W-2 form?

a)

To indicate employment status and retirement plan participation

b)

To report deferred compensation

c)

To report state disability insurance taxes withheld

d)

To display allocated tips

9.

What does Box 14 on the W-2 form typically include?

a)

State and local income tax information

b)

Deferred compensation

c)

Additional tax information not covered elsewhere

d)

Federal income tax withheld

10.

How can wages for two states be reported on the W-2 form?

a)

In Box 1

b)

In Box 12

c)

Using Boxes 15 to 20

d)

It's not possible