BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a contractual worker
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an employee
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an employer
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None of the above
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Detailed explanation-1: -You should only receive a W-2 if you are an employee. TurboTax Tip: If you are an independent contractor or work for yourself, the work you do may be similar to what an employee does, but you should receive an earnings statement on a Form 1099-NEC rather than a W-2.
Detailed explanation-2: -Employers must complete, file electronically or by mail with the Social Security Administration (SSA), and furnish to their employees Form W-2, Wage and Tax StatementPDF showing the wages paid and taxes withheld for the year for each employee.
Detailed explanation-3: -In this case, the individual is usually considered an employee of the company providing the workers. A W2 is a tax form sent to employees each year that details salary and tax deductions. A person who is on W2 status is considered an employee.