W-2 copy b Form 2022-2024

W-2 copy b Form: What You Should Know

Form W2 Copy B Employee federal taxes for 2018. Who was the first person to use W2 Copy B? Was it the IRS? No. W2 Copy B was used to report wage and withholding information to the employee for filing with their federal tax return. The Form W-2 was used in the mid-1950s and later. Form W-2 Copy B was used in the mid-1950s and later. Who would have wanted W2 Copy B for the 1960s? No one. It was the IRS. The IRS created W2 Copy B in 1962 as a tool to allow the IRS to quickly identify and report wage and withholding information to the employee for filing with their federal tax return. Why was W2 Copy B invented? Who created it? The IRS invented W2 Copy B because in those days it did not know about a system called TurboT ax that allowed a taxpayer to file with his federal tax return as long as he would be able to quickly and easily determine his correct tax information. What do you mean by “quickly and easily identify and report wage and withholding information to the employee”? Well, the TurboT ax system would give the IRS very detailed and accurate information that would identify income and withholding information for the taxpayer. In other words, when an employee filed his federal taxes for the year, if they chose to use TurboT ax for their information to the IRS, the taxpayer could easily and quickly review the taxpayer's tax history with the IRS and immediately know what their tax withholding were and what their withholding amounts had been for the year. In many cases, the IRS would know the amount of tax a taxpayer owed for the year, and it would be automatically deducted from the taxpayer's pay and then credited back to the taxpayer. The TurboT ax system was not widely available for taxpayers starting in the 1980 by the time those first W2 Copy B's would show up. The system came about in the early 1970s when the IRS needed to determine the number of employees and the number of taxpayers to calculate the percentage of taxpayers using TurboT ax. The information given by a taxpayer to the IRS would need to include the person's taxpayer ID number, Social Security number, and date of birth.

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