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Questions asked by the same visitor
In addition to income, what other information is included on Form W-2?
Weegy: Deductions and tax. (More)
Question
All Categories|No Subcategories|Expert Answered
Updated 8/31/2010 10:10:04 PM
1 Answer/Comment
Information on a W-2 includes:

Wages, Tips, and Other Compensation (Box 1)
Federal Income Tax Withheld (Box 2)
Social Security Wages (Box 3)
Social Security Tax Withheld (Box 4)
Medicare Wages and Tips (Box 5)
Medicare Tax Withheld (Box 6)
Advanced EIC Payments (Box 9)
Dependent Care (Box 10)

More here:
Added 8/31/2010 10:10:04 PM
What is taxable income
Question
All Categories|No Subcategories|
Updated 8/31/2010 9:34:32 AM
1 Answer/Comment
Taxable income is the portion of income that is the subject of taxation according to the laws that determine what is income and the taxation rate for that income. It is the income that remains after nontaxable deductions are paid. Deductions that are applied "pre-tax" instead of "post-tax" will lower the overall income tax paid.
Added 8/31/2010 9:34:32 AM
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