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In this video, Katie C Norris from C Norris Wealth Management discusses how to understand and read Form W2. A Form W2 is issued by an employer to an employee if at least $600 or more in cash and cash equivalents were paid during the year. This includes taxes withheld for Social Security and Medicare. The form contains important information such as the employee's social security number (Box A), employer identification number (Box B), current address (Box C), and a control number (Box D). It is crucial to double check the accuracy of the information on the form to ensure accuracy.
