Boundless Tax and CEO Dane Janas, EA were featured in an online article by Chime Bank, a leader in online banking. In our expert feature, we talk about a common question: how to read your W-2 from your employer.
In this article, we spoke about how to read a Form W-2, a wage & tax statement that most individuals receive each tax season. We describe what the various boxes mean and how to interpret them. Ways to obtain your W-2 if it gets lost are also highlighted in the article. In addition, we talk about how to double-check the calculations on your W-2 to ensure they’re correct. If you suspect they aren’t, we also inform you on how to obtain a corrected W-2 from your employer (W-2C).
Here’s a snippet of our feature in the article:
“It’s essentially a standardized form that states what you’ve made this year from your employer and the amounts of federal income tax, social security tax and Medicare tax that were withheld from your wages,” says Dane Janas, an IRS-licensed enrolled agent, and the owner and CEO of Boundless Tax.
Boundless Tax thanks Chime Bank for this opportunity!