Decoding Your W-2 — SimpMe

By: Written By Prachi Patke, CFA Published on: 24/04/2001

Ah, the W-2 form—that annual document you get from your employer, which you hastily sent off to your accountant or plugged into TurboTax without a second glance. But have you ever paused and wondered, 'What do all these numbers mean?' and 'How did they even come up with these figures?' While tax calculations can vary wildly depending on everyone's specific income and situation, it's still a mystery shrouded in payroll paperwork for most of us. Let’s unravel this mystery and dive into each of the various boxes on the form to decode your W-2.

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Decoding Your W-2  — SimpMe