W-2 (Wage and Tax Statement)
« Back to Glossary IndexA W-2 is a tax form issued by a U.S. employer that shows an employee’s annual wages, taxes withheld, and other compensation. Employees use it to file their federal and state income tax returns.
Recruitment/Staffing Context:
W-2 Employee: A worker hired as an employee of a company or staffing agency. The employer withholds taxes, provides a W-2 tax form, and may offer benefits such as health insurance, paid leave, and retirement plans.
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