Reading a W-2

What box shows how much income was made before deductions?

• 1

• 2

• 3

• 12b

What box shows who the employer is?

• e

• b

• c

• d

Did this employee participate in a retirement plan?

• yes

• no

How much did the employee pay in state taxes?

• $15,000

• $1,100

• $3,000

• $5,000

How much did the employee pay TOTAL in taxes?

• $20,000

• $21,100

• $24,100

• $28,100

A taxpayer will receive a income tax refund when

• they take the standard deduction.

• they owe more money in taxes.

• they paid more in taxes than what they should have.

• they take the itemized deduction.

When should an employer send out W-2 forms to employees?

• January 31st

• April 15th

• March 15th

• February 15th

What is this form?

• w2
• w4
• 1040
• 1040ez