Payroll Assistant Question: Download Questions PDF
Explain me the use of forms W2, W4, and 941?
Answer:
W2 is a summary record given to employee showing their earnings taxes paid and any other deductions, W4 is what the employee fills out letting the payroll department know how many depending they are claiming, 941 is the report filled out each quarter and year end showing everything paid and deducted through payroll.
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