What is the primary purpose of a W-2 form for employees in the U.S.?

A) To apply for a new job.

B) To report an employee's annual wages and the amount of taxes withheld to the IRS and the employee.

C) To request a refund for overpaid taxes during the year.

D) To track personal expenses for tax deductions.

Explanation

A W-2 form, officially the Wage and Tax Statement, is a document an employer must send to each employee and the Internal Revenue Service (IRS) at the end of the year. It reports the employee's annual wages and the amount of taxes withheld from their paycheck.

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