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In this tutorial on generating and printing employee W-2s and company W-3 forms using Sage 50 Accounting, you will learn the necessary steps to perform this task. At the end of each payroll year, specifically in January, it's essential to print and distribute W-2s to employees for their federal and state tax filings. These forms should be printed on plain four-part perforated paper or IRS-approved W-2 forms available from Sage 50 forms or local office supply stores. It's recommended to wait until the latter half of December to print W-2s to ensure the January Payroll Solutions update is installed, as this update includes new federal, state, and some local formulas for the upcoming payroll year.
