How pay stubs help to calculate W-2 forms? - PowerPoint PPT Presentation

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How pay stubs help to calculate W-2 forms?

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Choosing the right check stub maker to create pay stubs is essential because pay stub forms a base to make the W-2 forms.One should take care while creating pay stub because it will lead to error in w-2 forms which further leads to penalities. – PowerPoint PPT presentation

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Title: How pay stubs help to calculate W-2 forms?


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Introduction
-Having real check stubs has crucial importance
in ones professional life -It is one of the
financial proof of earning -It helps you to get
loan and credit approvals -It also help to
calculate W-2 forms -It is more accurate than
traditional system
3
What is W-2 form?
-W-2 form known as Wage and Tax statement -It is
the document required by employer to send each of
their employee -It gives you the complete data
of employees annual wages with taxes -It is
required at a time of filing the tax
4
How pay stubs help to calculate W-2 forms?
-Pay stubs and W-2 forms are relatively connected
to each other -W-2 forms include the data of
wages and tax statement provided to
employee -Hence, the generated pay stub forms a
base for w-2 forms -It is necessary to choose
right check stub maker as it helps to create the
w-2 forms -Any error in pay stub will lead to
create false w-2 forms which leads to penalties
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Final Words
-The pay stub has all details which helps to
create the W-2 forms -All you need to create a
perfect pay by filling the details like gross
income, overtime hours, medical aid, social
security precisely. -So, make a perfect pay stub
which helps to make a accurate W-2 forms
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