Understanding Your W2

Understanding Your W2

12th Grade

10 Qs

quiz-placeholder

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Understanding Your W2

Understanding Your W2

Assessment

Quiz

Other

12th Grade

Hard

Created by

Yazmin Trujillo

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a W2 form used for?

A W2 form is used to calculate an employee's retirement benefits.

A W2 form is used to report an employee's annual wages and the amount of taxes withheld from their paycheck.

A W2 form is used to track an employee's sick leave and vacation days.

A W2 form is used to report an employee's overtime hours and pay.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the deadline to file your W2 form?

June 30th

May 1st

March 31st

April 15th

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What information is included in Box 1 of the W2 form?

Number of dependents

Total wages, tips, and other compensation

Total deductions

Employer's name and address

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of Box 3 on the W2 form?

To report the total amount of wages subject to state income tax.

To report the total amount of wages subject to the Medicare tax.

To report the total amount of wages subject to the Social Security tax.

To report the total amount of wages subject to federal income tax.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between Box 5 and Box 7 on the W2 form?

Box 5 represents federal income tax withheld and Box 7 represents state income tax withheld.

Box 5 represents Medicare wages and Box 7 represents Social Security wages.

Box 5 represents wages subject to unemployment tax and Box 7 represents wages subject to disability tax.

Box 5 represents Social Security wages and Box 7 represents Medicare wages.

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Box 12 on the W2 form?

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of Box 17 on the W2 form?

To report federal income tax withheld

To report social security tax withheld

To report Medicare tax withheld

To report state income tax withheld

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