Technically, your employer excludes it by not reporting it on your federal form W-2.
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The form W-2 he received was stamped by the payroll company with the number 666.
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Under this relief, donated leave will not be included in the income or wages on a form W-2.
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The amount will be reported in Box 12, using code DD on your federal form W-2 for 2011 (form will download as pdf).
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For 2012 and 2013, Santa will have to report health care insurance costs paid by him for the elves on their form W-2.
If you do receive a form W-2 or 1099 which includes excludable income, report the taxable amount and include an explanation about the excluded portion.
Opening your form W-2 can be traumatic for many folks but for one Tennessee man, it was enough to make him quit his job.
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After you contact the IRS, the IRS will contact your employer (or the form issuer) with a form 4598, Form W-2, 1098 or 1099 Not Received, Incorrect, or Lost.
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In the coming weeks, you should be receiving your W-2 form(s), a variety of 1099 forms, etc.
They're very concerned, he insists, about what Frances will think about her relatives' selling her father's effects--the Monterey auction included such curiosities as a doctor bill and Cobain's old W-2 form from his stint as a janitor.
Then the criminal makes up wage and withholding information, files a tax return electronically (avoiding the need for an actual W-2 form), claims a few deductions and tax credits to produce a larger refund, and waits a couple of weeks for the refund.
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So make sure you have either a W-2 or 1099 form from each employer.
The W-2 is the annual tax form with wage and salary data that employers provide to workers and the Internal Revenue Service.
When you receive your W-2 for 2012, pay attention to a surprising new number on the form, especially if you are an upper-income-bracket taxpayer.
If you are the sole proprietor of a business and you file an IRS Schedule C form, you are roughly twice as likely to be audited than an individual filer with comparable W-2 income.
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