Wages and Tax Statement
Federally Mandated Reporting/Disclosure Form
Program Title and Description:
Wages and Tax Statement (W-2)
Who is Responsible for Reporting?
Steve Foucart, CFO
Where is Report Physically Located?
Payroll Office, Carrington 119
What Should be Reported?
Employee calendar year wages and income taxes, social security and Medicare taxes withheld.
When Should it be Reported?
They should be reported by January 31 to employees and by February 28 to the Social Security Administration for the most recent calendar year.
Where is it to be Reported?
To individuals and the Social Security Administration
Why Should it be Reported?
US Treasury Regulation and Internal Revenue Code
How is it Reported?
Form W-2 is used to report by mail to individuals and in electronic format to the Social Security Administration.
If notification is required, how is it reported?