Milly
Guest
Jan 15, 2026
1:59 AM
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A W-2 form is an IRS tax document employers give to employees each year that reports annual wages, tips, and other compensation, along with federal, state, and local taxes withheld. It's essential for filing your federal and state tax returns accurately. The W-2 shows how much you earned and how much tax was already paid on your behalf, helping determine whether you owe taxes or qualify for a refund.
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