Who should fill out the W-2 form? who should fill out the w2 form brainly

This may be a Social Security number or an Employee Identification Number. The purpose of a W-9 is mainly to obtain this tax number from the taxpayer. For example, a bank or brokerage firm may ask the client to enter their client information here.

This option field is where the taxpayer can enter additional information if the requester asks. The taxpayer must enter their address, city, state, and ZIP code.

The taxpayer must select whether they are exempt from backup withholding or FATCA reporting. The taxpayer must only select one of the options provided. The taxpayer must select whether they are a corporation, individual, sole proprietor, single-member LLC, limited liability company, partnership, or trust/estate. This line is only required if the taxpayer has a business name, trade name, DBA name, or disregarded entity name. The taxpayer can also list the name of a partnership or other entity. The W-2 form verifies those withholdings for you, but more on that later.

The W-4 requires you to enter your information so your employer knows how much they should withhold for your taxes. This field is either the name of an individual, although it can be the name of the owner or a sole proprietor. The best way to remember the difference between forms W-2 and W-4 is to keep track of who fills out what. This is the name that is shown on the individual's tax return.

Who should fill out the W-2 form? who should fill out the w2 form brainly