What form is used to report wage and tax information to employees?

The form used to report wage and tax information to employees is the W-2, copy B. This specific copy of the W-2 is provided to employees so they can accurately report their income and taxes withheld when filing their personal income tax returns. It contains crucial data such as the employee’s total wages, tips, and other compensation, as well as the amount of federal, state, and other taxes withheld throughout the year.

In contrast, the W-2, copy A, is submitted by employers to the Social Security Administration (SSA) and is not given to employees. The W-3 is a summary form that accompanies the W-2 forms when they are submitted to the SSA, detailing the total earnings and taxes withheld for all employees but is not provided to employees themselves. Lastly, the 1040 is an individual income tax return form that taxpayers use to file their personal tax returns but is unrelated to wage and tax reporting from employers to employees.