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[Music] hi im the tax geek and this is your taxes oversimplified during the month of january millions of american workers receive w-2 forms so theyre a pretty familiar site but did you ever wonder where the numbers on that form come from and how they affect your taxes well your answers are right here w2s come in all shapes and sizes both on paper and electronically however today were going to use the official irs version as an example trust me all w-2s have the same information on them regardless of the format so here it is in all its glory the lettered boxes are pretty self-explanatory theyre both your and your employers information the social security number and the employer identification number in this section allow the irs to cross-reference the figures on the w-2 to match the figures on your tax return it seems like the numbered boxes should be self-explanatory as well but are they lets look at box one wages tips and other compensation at this point we need to note that th