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If you work in the U.S., whether hourly or salaried, your employer must issue you a W-2 form annually, as mandated by federal law. Understanding your W-2 is essential for accurate tax filing at both federal and state levels. In this tutorial, Bradford from Payment Instead of Personal Finance will review the W-2 form line by line to clarify each section's meaning. He also provides sources for any additional questions. While the complete IRS W-2 documentation is 11 pages long, the version you receive will typically consist of just two pages with the necessary information for tax filing. The video will start with general guidelines regarding the form.
