The Form W-2 Must Be Given to Employees Before January

question 57

True/False

The Form W-2 must be given to employees before January 31 following the year covered by the Form W-2.

---

Definitions:

Date of Declaration

The date on which a company announces its intention to pay a dividend or issue a corporate action to its shareholders.

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.

Directors

Individuals elected by shareholders to manage a corporation's affairs and make key strategic decisions on their behalf.

Stock Dividends

These are dividends paid by a company to its shareholders in the form of additional shares of stock, rather than in cash.