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hello and welcome to another personal finance minute if you were employed by a company in 2020 you should soon be receiving a w-2 form sometime in the next 30 days when you get that form heres what you need to do box a up at the top will contain your social security number box e on the left hand side will contain your full name and address make sure the information in both of these boxes is accurate if its not contact the company you worked for as soon as possible so they can fix it on the right hand side box 1 will contain the total amount you were paid by your employer in 2020 and box 2 will contain the amount of federal income tax that was withheld from your paycheck keep these two numbers handy for lines 1 and 25 on your federal tax return this has been a personal finance minute for more click that red subscribe button im andrew shearer and ill see you next time