Glossary

W-2

The US tax form an employer sends showing your annual wages and taxes withheld.

If you're a US employee, your employer issues a W-2 each January summarizing your total wages, and federal/state/Social Security/Medicare tax withheld for the year — the starting point for filing your tax return.

See United States tax in action

Enter your income to see exactly how W-2 affects your tax bill.