Form W-2 Serves Which of the Following Purposes

question 11

Multiple Choice

Form W-2 serves which of the following purposes?

• A) It establishes the employer's identification number.
• B) It requires employers to pay a percentage of each employee's income.
• C) It shows the employee's total taxable income for the previous year.
• D) It is a complete accounting of tax deposits.
• E) It summarizes taxes withheld from employee's paychecks.

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Definitions:

Introduction Include

The initial section of a document, presentation, or speech that outlines the topic, purpose, and often the structure of the content to follow.

Three Parts

A reference to a structure or composition that is divided into three distinct sections or elements.

Avoid "Uptalk"

The practice of not ending sentences with a rising intonation, which can make statements sound like questions and affect perceived confidence.

Appear Weak

To give an impression of lacking strength, confidence, or effectiveness, potentially undermining one's position or argument.