Businesses that process payroll are responsible for completing and distributing W2 Forms to all employees. The W2 form is a wage and tax statement for the year used by your employees to file tax returns. As an employer, you need to complete W2 forms and distribute before the end of January. While the format of the W2 form may look different for different employers, it needs to contain a state tax return portion, a federal tax return and an additional copy for the employee’s record.
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