When does walmart mail out w2?

As stated on the Internal Revenue Service website, it is very important for employers to prepare Form W-2 correctly and timely. Employers must mail or otherwise provide Copies B, C and 2 of Form W-2 to the employee by January 31.

Like all employers, Walmart is required to provide a copy of W-2 form to its employees on an annual basis, no later than January 31, and Walmart employees can visit the associate website, WalmartOne.com to find information on how to download their W2.

A W-2 tax form shows the amount of taxes withheld from your paycheck for the year and is used to file your federal and state taxes.

You should only receive a W-2 if you are an employee. If you are an independent contractor or self-employed, the work you do may be the same as an employee, but you will receive an earnings statement on a Form 1099 rather than a W-2.

The W-2 form is divided into boxes that report various items relating to your income. In box 1 of the W-2 you will find your annual wage and salary payments with the amount of federal tax withheld from it in box 2.

Since only a portion of your income is subject to the Social Security tax, you may find that box 3 reports an amount that is less than your total wages for the year. Other boxes on the W-2 form include your wages subject to Medicare tax, Social Security taxes that are withheld and information on your state income tax withholding, if applicable.

Here are five tried-and-true ways to reduce your tax liability at tax time. Pay no more than you owe, or even increase your tax refund.

Tags: walmartw2 
Monday, May 08 2017
Source: http://www.irs.gov/taxtopics/tc752.html