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In this video tutorial, Katie C Norris from C Norris Wealth Management explains how to understand and read a Form W2. A 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. Taxes withheld, including for Social Security and Medicare, require a W2 to be issued regardless of payment amount. The W2 includes important information such as the employee's social security number, employer identification number, current address, and control number. It's crucial to double-check the accuracy of these details on the form.