Question

Google "2018 IRS Form W-2" and answer parts 1-8 about it. You will also need a copy of 2018 Form 1040 to answer some of the questions. The instructions to the W-2 may be useful when completing this exercise. Be sure to number your answers to receive credit.

1. What is this form called?
2. Who prepares a Form W-2?
3. By what date must a Form W-2 be prepared?
4. On what line of Form W-2 will you find federal income tax withheld?
5. Where is federal income tax withheld input on the 2018 Form 1040?
6. What information is found on line 1 of Form W-2?
7. On what line of Form 1040 is the line 1 information input?
8. On what line of Form W-2 will you find state income tax withheld?

Answer 1

• 2018 IRS Form W-2 is called Wage and Tax Statement.
• Form W-2 is prepared by employers.
• Form W-2 must be prepared by January 31 of the next year. The 2018 Form W-2 shall be prepared by January 31, 2019.
• Federal income tax withheld is reported on line 2 of Form W-2.
• Federal income tax withheld is reported on line 16 of 2018 Form 1040.
• Line 1 of Form W-2 has the amount of total Wages, tips, other compensation paid to the employee.
• This part of question is not clear "On what line of Form 1040 is thee line 1 information input?".The line 1 in Form 1040 is to input the amount of Wages, salaries, tips, etc. The Form(s) W-2 shall be attached.
• State income tax withheld will be on line 17 of Form W-2.

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