Each year employees are sent Form ______ to summarize tax withholdings for the year.

Question

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Form W-2 is the document that employers are required to send to their employees summarizing their income and tax withholdings for the year. Form 1099 is used for independent contractors and Form W-4 is completed by employees to indicate their tax withholding preferences. Form W-3 is a summary transmittal form that goes along with Form W-2 when it is submitted to the Social Security Administration.

Each Year Employees Are Sent Form ______ to Summarize Tax