A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- W-4A form you give your employer to tell them how much tax to withhold from each paycheck.
- 1099A family of forms reporting income you earned outside a regular job, such as freelance work or investment payouts.
- WithholdingMoney your employer takes out of each paycheck and sends to the government toward your expected tax bill.
- Gross IncomeYour total earnings before any taxes, retirement contributions, or other deductions are taken out of your paycheck.
- Tax ReturnThe annual form you file to report income, claim deductions and credits, and settle up what you owe or are owed.
Turn this into a brick
Knowing what W-2 means is knowledge — the first half. A brick gets placed when you act on it.
More in Taxes
Adjusted Gross Income (AGI)Alternative Minimum Tax (AMT)Capital Gains TaxChild Tax CreditDependentDividend Tax
Plain-English education — not personalized legal, tax, or investment advice.