w-2 - Investment & Finance Definition
A federal tax form that is prepared by employers for employees to use in filing an income tax return. It states the total amount of wages paid during the previous year and the total amount of federal, state, and local taxes withheld, including Social Security tax. W-2s must be sent to taxpayers by the end of January. Taxpayers then send the W-2 to the IRS along with their tax return.