Asked by
Shaikha Anwar
on Oct 15, 2024Verified
The Wage and Tax Statement given to each employee annually is:
A) Form 940.
B) Form 941.
C) Form 1040.
D) Form W-2.
E) Form W-4.
Tax Statement
A document that outlines the amount of tax owed to or refunded by the government for a particular financial year.
Form W-2
A tax form used in the United States that reports an employee's annual wages and the amount of taxes withheld from their paycheck.
- Recognize and distinguish among different tax documents pertinent to federal employment tax obligations.
Verified Answer
AS
Learning Objectives
- Recognize and distinguish among different tax documents pertinent to federal employment tax obligations.