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Video instructions and help with filling out and completing W2 instructions box 12
Hello everyone this is Tasha Nicole the entrepreneur if this is your first time coming across my content allow me to introduce myself I made self-employment tax strategies and business coach to aspiring and active solar entrepreneurs beyond tax payment services I teach men and women how to professionalize their business from the start and how to run their business in a better way so they can increase their chances of small business success I am based in New York but I do service clients across the United States I offer over 20 years of tax and industry tax and business industry experience okay so I'm recording this for a video and also for audio to put on my pack my podcast so depending on where you're getting this content you know stay tuned if you're on my podcast please get a copy of your w-2 this training I'm going to be showing you how to read your w-2 and for those of you watching you're gonna get you know obviously you can see what I'm showing you on my screen you know a lot of people still today don't know how to read a w-2 and for people who are new to the working force they definitely don't understand it so it's about time y'all get to know your w-2 it's important for you to know you know what what's on here okay so first if you look at to the left this is like a traditional w-2 if you look to the left you're going to see the employer identification number okay so that's your employers number okay just like how we have a social security number all of you should know that your company that you work for has an employer identification number right then right underneath that in Section C is the employers name address and zip code all right the control number you're going to see something called Control Number that's not important for you now below that your name and address is going to be there which you always want to make sure it's correct especially like if your name change address change or anything like that so always check and make sure that's correct now let's go to the right side of the form okay box one is where you're going to see your wages tips and other compensation ok that's your main number that you're always working with when you know your taxes are being prepared or when you're doing your own taxes and so that that number is in box one and again you always want to make sure that number is correct because you'd be surprised how many clients have actually had come to me and this number was wrong so you always want to make sure it's correct you know check your last pay stub and things like that because if they report something wrong that I remember these go to the IRS so they will have your.