πŸ‡ΊπŸ‡Έ United States Β· Guide

What is a W-2?

Your W-2 (Wage and Tax Statement) is the core document employers issue each January, summarizing your pay and withholding.

Last reviewed 24 Jul 2026

Key boxes explained

BoxWhat it shows
Box 1Taxable wages (after pre-tax deductions like 401(k), health insurance)
Box 2Federal income tax withheld
Box 3Social Security wages (may differ from Box 1 if you have pre-tax deductions that don't reduce SS wages)
Box 4Social Security tax withheld
Box 5Medicare wages
Box 6Medicare tax withheld
Box 12Codes for items like 401(k) contributions (Code D), HSA (Code W)
Box 17State income tax withheld (if applicable)

When to expect it

Employers must furnish W-2s by January 31 for the prior tax year, either by mail or through an employee self-service portal.

What to do if it's wrong

Contact your employer's payroll department first β€” they can issue a corrected W-2 (Form W-2c). Don't file your return with incorrect figures if you know there's an error.

GENERAL GUIDANCE

If you haven't received your W-2 by mid-February, contact your employer, then the IRS if still unresolved.