The chances of you getting confused the first time that you read a W-2 for are very high. This however is not something that you can avoid because almost everyone that woks in the USA receives this form every year. If you are working in the US, you will be getting this form like every year and that means that avoiding it is not an option that you have. You cannot avoid learning how to read it however because this is a form that you will be getting like every year, as long as you are working. The form that you get from your employer, is what you will be using to declare your federal and local income tax, and this is to say that learning the basics is very important. Many people make mistakes during the declaring of the income tax, and that is something that you can avoid by understanding this form in as much as it is not interesting. Here is a guide that will help you read that W-2 form like a pro. Watch this video https://www.youtube.com/watch?v=0F-SUH645BY about W-2 form.
We can start with the personal information that you will find on the left-hand side of the column, as among the things that you need to know are included in the form. This personal information includes your name, your address and the name of your employer. There are boxes that you will see on this side, that are marked with letters and others marked with numbers on the left-hand sides. You can find the details of a handy guide of what they contain at Learn How to Read A W-2 Like A Pro. Learn How to Read a W-2 Like A Pro is one place that you will find the details or rather the content of these boxes. A handy guide of the content of the boxed is something that you can easily find at the Learn How to Read a W-2 Like A Pro. The right hand side on the other hand, will have the financial details. Make sure that you have a copy to look at, so that you can familiarize with what you read. Make sure that you keep the copies also for future purposes. The other boxes that they have not listed, are the ones that not 'basic' that relate to other complex deductions and compensations.
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