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question 5 2 pts which of the following statements about the w-2 form i…

Question

question 5 2 pts which of the following statements about the w-2 form is true? a w-2 lists all the money you earned in cash over the last year you need a separate w-2 form from each of your employers in order to file your taxes the total wages you earned from all jobs you worked in the previous year appear on one w-2 form the w-2 includes information about the interest you earned from your investments

Explanation:

Brief Explanations
  • Analyze Option A: A W - 2 reports wages, salaries, etc., not just cash earnings (e.g., includes non - cash compensation in some cases), so A is false.
  • Analyze Option B: Each employer issues a W - 2 for the wages they paid you, and you need each to report all your income from different jobs when filing taxes, so B is true.
  • Analyze Option C: Each employer gives a separate W - 2, so total wages from all jobs are on multiple W - 2s, not one, so C is false.
  • Analyze Option D: Interest from investments is reported on Form 1099 - INT, not W - 2, so D is false.

Answer:

B. You need a separate W - 2 form from EACH of your employers in order to file your taxes