what piece(s) of information do you need to collect from your w - 2 to complete federal tax form 1040? form…

what piece(s) of information do you need to collect from your w - 2 to complete federal tax form 1040? form w - 2 wage and tax statement 2024 department of the treasury—internal revenue service copy 1—for state, city, or local tax department a employees social security number 123 - 45 - 6780 omb no. 1545 - 0008 b employer identification number (ein) 987654321 c employers name, address, and zip code acme corporation 555 state street anywhere, pa 15130 d control number e employees first name and initial last name suff. william coyote 312 roadrunner rd crash, pa 15131 f employees address and zip code 15 state employers state id number pa 1787 16 state wages, tips, etc. 41000.00 17 state income tax 1258.70 18 local wages, tips, etc. 41000.00 19 local income tax 1230.00 20 locality name crs 1 wages, tips, other compensation 36000.00 2 federal income tax withheld 3240.00 3 social security wages 41000.00 4 social security tax withheld 2542.00 5 medicare wages and tips 41000.00 6 medicare tax withheld 594.50 7 social security tips 8 allocated tips 0 9 10 dependent care benefits 11 nonqualified plans 12a d 5000.00 13 statutory employee retirement plan third - party sick pay 12b 12c 12d 14 other

what piece(s) of information do you need to collect from your w - 2 to complete federal tax form 1040? form w - 2 wage and tax statement 2024 department of the treasury—internal revenue service copy 1—for state, city, or local tax department a employees social security number 123 - 45 - 6780 omb no. 1545 - 0008 b employer identification number (ein) 987654321 c employers name, address, and zip code acme corporation 555 state street anywhere, pa 15130 d control number e employees first name and initial last name suff. william coyote 312 roadrunner rd crash, pa 15131 f employees address and zip code 15 state employers state id number pa 1787 16 state wages, tips, etc. 41000.00 17 state income tax 1258.70 18 local wages, tips, etc. 41000.00 19 local income tax 1230.00 20 locality name crs 1 wages, tips, other compensation 36000.00 2 federal income tax withheld 3240.00 3 social security wages 41000.00 4 social security tax withheld 2542.00 5 medicare wages and tips 41000.00 6 medicare tax withheld 594.50 7 social security tips 8 allocated tips 0 9 10 dependent care benefits 11 nonqualified plans 12a d 5000.00 13 statutory employee retirement plan third - party sick pay 12b 12c 12d 14 other

Answer

Brief Explanations:

To complete federal tax Form 1040, you need income - related and tax - withheld information from the W - 2. Wages, tips, other compensation (Box 1) show your earnings. Federal income tax withheld (Box 2) is important for calculating your refund or amount due. Social security and Medicare wages and taxes withheld (Boxes 3 - 6) also factor into your tax situation.

Answer:

Employee's social security number, Wages, tips, other compensation (Box 1), Federal income tax withheld (Box 2), Social security wages (Box 3), Social security tax withheld (Box 4), Medicare wages and tips (Box 5), Medicare tax withheld (Box 6)