Intuit-Quicken-2015-Home-Business-7839a0cd-50b7-4ade-9491-95da7091d7cf_600.jpg' alt='Quicken Home And Business 2013 Canada Download Law' title='Quicken Home And Business 2013 Canada Download Law' />Form W 2 H R Block. Form W 2 Wage and Tax Statement reports your wages and taxes withheld from your wages. Your employer is required to give you a 2. W 2 by Jan. 3. 1, 2. Your employer keeps a copy for recordkeeping. A copy of your W 2 is sent to You. Social Security Administration SSAIRSState or local governments for which taxes are withheld. G/01/software/detail-page/quicken-prem-2007-2-lg.jpg' alt='Quicken Home And Business 2013 Canada Download Law' title='Quicken Home And Business 2013 Canada Download Law' />Youll refer to some of the W 2 boxes to complete your return. Some W 2 boxes are for informational purposes only. W 2 Boxes. Box a Employees Social Security number If the number is incorrect due to a typographical error Report it to your employer immediately. Get a corrected W 2. All payments withheld from your wages are credited to the Social Security number SSN shown. If your SSN in the payroll system and on your W 2 is incorrect, your employer must fix this. An incorrect SSN means your payments arent credited to you for Income tax. Social Security. Medicare. Box b Employers federal ID number This is your employers identification number with the IRS. Its the equivalent of your SSN or individual taxpayer identification number ITIN. This number must be valid and match the IRSs records if you want to e file your return. Box c Employers name, address, and ZIP code If you work for a corporation, this is usually the address of the main office or headquarters. Its not necessarily the building where you work. Boxes e and f Employees name and address Your full name and current address. Box 1 Wages, tips, and other compensation The taxable amount of compensation your employer paid you. This includes Tips. Intuit Inc. is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small. Do you need to know how to read Form W2 Learn more about this wage and tax statement and get tax answers at HR Block. Quicken WillMaker Plus 2018 is the original willwriting software, created and updated regularly by Nolos experts. Free legal updates will keep your program. Gmail is email thats intuitive, efficient, and useful. GB of storage, less spam, and mobile access. InformationWeek. com News, analysis and research for business technology professionals, plus peertopeer knowledge sharing. Engage with our community. Can I Claim Medical Expenses on My Taxes Updated for Tax Year 2017. This professional biography has been assembled exclusively using national third party cited references per Wikipedia Standards. The over 700 cited 3rd party sources. Download the free trial version below to get started. Doubleclick the downloaded file to install the software. Bonuses. Commissions. Wages. Salaries. Enter the amount in this box on Forms 1. A, Line 7, or Form 1. EZ, Line 1. Box 2 Federal income tax withheld The total amount of federal income tax your employer withheld from your wages. Enter the amount in this box on Form 1. Line 6. 2Form 1. 04. A, Line 3. 6Form 1. EZ, Line 7. Box 3 Social Security wages The amount of earnings your employer paid you subject to Social Security tax. This doesnt include tips. Home-business-software.jpg' alt='Quicken Home And Business 2013 Canada Download Law' title='Quicken Home And Business 2013 Canada Download Law' />This amount might be more than the amount in Box 1 if some income subject to Social Security tax isnt subject to income tax. Ex Amounts you contribute to a tax deferred retirement plan like a 4. For 2. 01. 7, the total of Boxes 3 and 7 shouldnt be more than 1. Box 4 Social Security tax withheld The amount of Social Security tax withheld on your wages. For 2. 01. 7, this amount cant be more than 7,3. This amount should equal 6. Box 3. If you worked for more than one employer, the total withheld might be more than 7,3. If so, the excess is treated as a tax payment. This payment will increase your refund or decrease your balance due. See Form 1. 04. 0, Line 6. Box 5 Medicare wages and tips The total amount of earnings your employer paid you subject to Medicare tax. Theres no limit on the amount of wages that might be subject to Medicare tax. Box 6 Medicare tax withheld The amount of Medicare tax withheld on your wages. This amount should equal 1. Midnight Pool Java Game more. Box 5. Box 7 Social Security tips This lists the tips you received that you reported to your employer. Box 7 and Box 3 combined are used to figure the Social Security and Medicare tax you owe on tips you didnt report to your employer. Box 8 Allocated tips The amount of tips your employer allocated to you. This amount is in addition to the amount you reported, which is in Box 7. The allocation is usually based on credit card receipts and IRS formulas. If you have an amount in this box, you might need to complete Form 4. Social Security tax. Medicare tax. You usually must include the amount in taxable wages, Box 8 on your return. To learn when you might not need to report this amount, see Publication 5. Box 1. 0 Dependent care benefits The amount of your wages used to pay for dependent care expenses under a Section 1. This is also known as Cafeteria plan. Flexible spending arrangement. This amount isnt included in Box 1. File Form 2. 44. 1 to see if any part of this amount is taxable. Box 1. 1 Nonqualified plans The total payments you received from your employers nonqualified retirement plan. This amount is included in Box 1 and is taxable. Boxes 1. 2a, 1. 2b, 1. These boxes are used for various reporting purposes. Some of the letter codes and their meanings include A Social Security tax your employer couldnt withhold since there wasnt enough tip income to cover the tax. Include this amount in the total you enter on Form 1. Line 6. 0. B Medicare tax your employer couldnt withhold since there wasnt enough tip income to cover the tax. Include this amount in the total you enter on Form 1. Line 6. 0. D Pre tax contributions to an employers 4. This amount isnt included in Box 1 and isnt taxable to you. However, if you worked for more than one employer, you might be taxed on a portion of this amount. To learn more, see Publication 5. E Pre tax contributions to an employers tax sheltered annuity plan. This amount isnt included in Box 1 and isnt taxable to you. However, if you worked for more than one employer, you might be taxed on a portion of this amount. To learn more, see Publication 5. F Pre tax contributions to an employers salary reduction Simplified Employee Pension SEP plan. This amount isnt included in Box 1 and isnt taxable to you. However, if you worked for more than one employer, you might be taxed on a portion of this amount. Rollback Rx Professional on this page. To learn more, see Publication 5. G Pre tax contributions to an employers Section 4. This amount isnt included in Box 1 and isnt taxable to you. However, if you worked for more than one employer, you might be taxed on a portion of this amount. To learn more, see Publication 5. J Amount of sick pay not taxable since you contributed to the plan. K 2. 0 excise tax on excess golden parachute payments. To learn more, see Total Tax in the Form 1. Instructions. L Amount of substantiated employee business expense reimbursements. This amount is nontaxable to you. If youre deducting expenses more than this amount, complete Form 2. M Former employees only. Uncollected Social Security or railroad retirement benefits on taxable cost of group term life insurance over 5. N Former employees only. Uncollected Medicare tax on taxable cost of group term life insurance over 5. P Amount of moving expense reimbursement paid to the employee. This amount is neither taxable nor deductible. It isnt included in Boxes 1, 3, or 5. Q Amount of nontaxable military combat pay. Treat this amount as earned income for these purposes. Earned Income Credit EICAdditional child tax credit. IRA contributions. R Employer contributions to your Archer medical savings account MSA. Report it on Form 8. S Pre tax contributions to an employers SIMPLE plan. This amount isnt included in box 1 and isnt taxable to you. However, if you worked for more than one employer, you might be taxed on a portion of this amount. T Adoption benefits not included in Box 1. Complete Form 8. 83. V Income from exercise of nonstatutory stock options included in Boxes 1, 3 up to the Social Security wage base, and 5. For reporting requirements, see Publication 5. Schedule D. W Employer contributions you report on Form 8. Include amounts you contributed using these. Section 1. 25 cafeteria planHealth savings account HSAY Deferrals under a section 4. A nonqualified deferred compensation plan. This amount is also included in Box 1. Download Software Turbo Pascal Software Free. Its subject to an additional 2. AA Designated Roth IRA contributions under a Section 4.