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Katie C Norris from C Norris Wealth Management discusses understanding and reading Form W2 in this video. Form W2 is issued by an employer to an employee if at least $600 in cash and cash equivalents were paid during the year, including taxes withheld for Social Security and Medicare. Each box on the form has specific information, such as social security number in box A, employer identification number in box B, current address in box C, and a control number in box D. It is important to verify that all information is correct.
