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Katie C Norris from C Norris Wealth Management discusses how to understand and read a Form W2 in this video tutorial. A W2 is issued by an employer to an employee if at least $600 was paid during the year, including taxes withheld for Social Security and Medicare. The form includes important information such as the employee's social security number, employer identification number, current address, and a control number. It is crucial to verify the accuracy of the social security number listed on the form.