2007-04-10 11:42:39 · 7 answers · asked by Birdie 1 in Business & Finance ➔ Taxes ➔ United States
A W-4 is the form used to tell an employer how much taxes to take out based on your marital status, dependents, etc.
A W-2 is a form provided by your employer at the end of the year to show your earnings and how much of each tax and what type were taken out.
2007-04-10 11:46:51 · answer #1 · answered by Anonymous · 2⤊ 0⤋
A W-4 form is the form you can either get from your employer or print off the irs.gov website to let your employer know how much you want taken from your check (federal taxes) and/or how many exemptions you want to claim. A W-2 form is what you get from your employer at the end of the year, which shows how much you've made and how much you've paid in taxes. Usually you file a copy of your W-2 with the IRS, state gov't, county and keep a copy for yourself.
2007-04-10 18:55:53 · answer #2 · answered by Kalyboo 2 · 1⤊ 0⤋
A W-4 is what you fill out when you acquire a job and are on payroll ... it gives your information like how many dependants you have etc (it's to give the IRS os they know how much to deduct from your paycheck) ... a W-2 is what you receive in January - February from your company that tells you all the taxes you've paid for the year so that you can file your taxes and get money back or pay money if you owe it.
2007-04-10 18:47:56 · answer #3 · answered by Gizmo 3 · 1⤊ 0⤋
W-4 - Form used to tell your employer how much to withhold.
W-2 - Form used by your employer to report to you and the IRS how much you were paid and how much was withheld for taxes.
2007-04-10 19:42:22 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋
W-4 is what your file out for exemptions how much you want taken out of your check everytime you get paid or do you file exempt and pay taxes later.
W-2 is from your employer reporting salary taken monies for working for the company and you file this at the end of the year.
2007-04-10 18:56:29 · answer #5 · answered by Anonymous · 1⤊ 0⤋
W-2 is a report of your earnings from your employer.
W-4's are filled out by you, giving instructions on how much money you authorize to be withheld from your income for tax purposes.
2007-04-10 18:48:29 · answer #6 · answered by omnisource 6 · 1⤊ 0⤋
w4 is what you fill out at a new job declaring how many dependents for tax purposes
w2 is what you get each year to do your taxes
2007-04-10 18:46:37 · answer #7 · answered by skcs11 7 · 1⤊ 1⤋
One is your income statement and the other is what you use to declare you dependents.
2007-04-10 18:46:18 · answer #8 · answered by Anonymous · 0⤊ 1⤋