IRS Form W-2 Tutorial - Step-by-Step Guide with Example

The Form W-2 is filed by employers with the IRS and a copy is provided to the employee. In this video, we cover some of the basics on how to read your Form W-2 and what information is reported on the Form 1040 tax return.

0:00 Intro and Background
1:00 Boxes 1, 3 and 5
1:24 Box 12 Code D 401(k) Contributions
2:36 Box 1 Wages on Form 1040
3:05 Box 2 Federal Income Tax Withheld
5:04 Box 12 Code DD Health Insurance
5:31 Box 12 Code W for HSA Contributions
6:35 State Wages & Withholding Taxes
8:17 Box 13 Retirement Plan

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DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.

#Form1040 #TaxRefund #TaxReturn