A 2023 W-2 kind PDF, formally referred to as a Wage and Tax Assertion, is a doc issued by an employer to an worker. It studies the worker’s earnings and taxes withheld for the earlier yr, enabling them to file their tax return precisely.
This kind is essential for people who must report their earnings and deductions to the federal government. It performs a significant function in figuring out tax legal responsibility, making certain that taxes are paid precisely. The introduction of digital W-2 varieties has streamlined the method, permitting employers and workers to share and retailer the doc digitally.