W-2 vs. W-4: What’s the Difference and How to File – NerdWallet

This article has been reviewed by tax expert Erica Gellerman, CPA.

W-2 and W-4 form differences

Although both federally required IRS tax forms, the W-2 and W-4 are inherently different. The W-4 informs employers of the appropriate tax withholding amount to be taken from an employee’s paycheck. The W-2, on the other hand, is a report generated by an employer that details an employee’s earnings and tax withholdings for the given tax year.

Click Here To Read More . . .