W2 Form

Report any income from employee nonqualified deferred compensation in Box 11 “Nonqualified Plans” on a W2 form. You must report the income for an employee ...

Report taxable income from employee meal or lodging benefits as wages on a W-2 form. Treat income from employee meal or lodging benefits each as ...

Employers generally do not report income from employee cell phone or internet usage on a W-2 form. Independent contractors often claim more tax deductions than ...

Yes, employers can file a W-2 form for payments that they make to a foreign employee working remotely for their business. You legally must withhold ...

Report your employee’s income from jury duty in Box 1 “Wages, Tips, and Other Compensation” on a W-2 form. Employers must report additional income that ...

Report income from your business’s employee union dues in Box 14 “Other” on a W-2 form. Box 14 has multiple purposes. Use the allotted space ...

Employers must report the income from the employee life insurance coverage in a few boxes on a W-2 form. All employers must first determine whether ...

Businesses may report income from employee flexible spending accounts (FSAs) in a few ways, or not at all, on a W2 form. The Internal Revenue ...

Yes, you can and you should file a W2 form for payments that you made to an intern. Submit a Form W2 copy to the ...

The short answer is, sometimes. File a W2 form for payments that you made to a nonresident alien employee if there is no tax treaty ...

Report income from employees’ commissions in Box 1: Wages, Tips, and Other Compensation on a Form W2. File a copy of the completed W2 form ...

Yes, you should generally send a W2 form for reimbursements to your company’s employees. Report substantiated employee business expense reimbursements in box 12 of each ...

Report income from employee benefits, such as a Health Savings Account, in box 12 of a Form W2. Use code W when you report your ...

Report the income of Employee Stock Purchase Plan shares as wages on Form W2. Fill in box 1 of a Form W2, Wage and Tax ...

Report certain income from employee educational assistance as wages on an employee’s Form W2. There are specific exceptions and guidelines for how you report these ...

Yes, it is possible for your payroll software to handle both salary and hourly employees. Certain employers may prefer to invest in a specific program ...

Treat income from employer-provided education assistance as fringe benefits when you report them in Box 1 on a W2 form. Employers enter the value of ...

Report your income from employee tuition reimbursement on a W-2 depending on the amount that was provided in educational assistance. If the assistance is $5,250 ...

There are certain steps that you need to take when you use a Form W-2 to report income for employee transportation benefits. Step 1: Understand ...

First things first, employers do not need to follow any mandated federal reporting requirements for a qualified transportation plan. You may choose to report transportation ...

Did your business pay more for your employees’ parking than the monthly exclusion limitation? Treat any excess amount as compensation to the employee. Include that ...