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W2 & Earnings: Vanessa Sapien Gonzalez

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The document discusses the contents and boxes included on a W-2 (Wage and Tax Statement) form issued to employees.

A W-2 form contains information about an employee's wages, taxes withheld, and other details reported to the IRS and state tax agencies.

Boxes 1 through 14 are described along with what each represents such as wages, social security and medicare taxes withheld, retirement contributions, etc.

2020

a Employee's social security number

OMB No. 1545-0008


2020
W2 & EARNINGS 631-86-4411
c Employer's name, address, and ZIP code 1 Wages,tips,other compensation 2 Federal income tax
SUMMARY AKSAN UNITED FORTUNE 4155.27 460.66
3 Social security wages 4 Social security tax
6850 W 52ND AVE STE. 200 257.63
4155.27
ARVADA, CO 80002

Wage and Tax Statement


5 Medicare wages and tips 6 Medicare tax withheld

Copy B to be filed with Employee's Federal Income Tax Return.


b Employer's identification number d Control Number
4155.27 60.24

Federal Filing Copy


AKSAN UNITED FORTUNE
7 Social security tips 8 Allocated tips
6850 W 52ND AVE STE. 200 46-1142052 96909-103771
e Employee's name and address 9 10 Dependent care benefits
ARVADA, CO 80002
VANESSA SAPIEN GONZALEZ 11 Nonqualified plans 12 See instrs. for box 12
19 GRANITE
FRISCO, CO 80443 13 Stat emp. Ret. Plan 3 Party Sick

14 Other

VANESSA SAPIEN GONZALEZ

W2
15 State & Employer's state ID 16 State wages,tips,etc 17 State income tax 18 Local wages,tips,etc. 19 Local income tax 20 Locality name
Filing Status Exemptions CO 30323013 4155.27 157.00
FITWH S
CO S 0
a Employee's social security number

OMB No. 1545-0008


2020
WAGES 631-86-4411
c Employer's name, address, and ZIP code 1 Wages,tips,other compensation 2 Federal income tax
TOTAL GROSS WAGES 4155.27 AKSAN UNITED FORTUNE 4155.27 460.66
Description Amount Box 6850 W 52ND AVE STE. 200 3 Social security wages 4 Social security tax
4155.27 257.63
Soc. Security Wages 4155.27 3 ARVADA, CO 80002

Wage and Tax Statement


5 Medicare wages and tips 6 Medicare tax withheld
b Employer's identification number d Control Number
Medicare Wages 4155.27 5 4155.27 60.24

Copy 2 to be filed with Employee's State Income Tax Return.


State Filing Copy
7 Social security tips 8 Allocated tips
46-1142052 96909-103771
e Employee's name and address 9 10 Dependent care benefits
VANESSA SAPIEN GONZALEZ
11 Nonqualified plans 12 See instrs. for box 12
19 GRANITE
FRISCO, CO 80443 13 Stat emp. Ret. Plan 3 Party Sick

14 Other

W2
15 State & Employer's state ID 16 State wages,tips,etc 17 State income tax 18 Local wages,tips,etc. 19 Local income tax 20 Locality name
Fed. Taxable Wages 4155.27 1 CO 30323013 4155.27 157.00
CO Taxable Wages 4155.27 16
WITHHOLDINGS
Description Amount Box
a Employee's social security number

OMB No. 1545-0008


2020
Fed. Income Tax 460.66 2 631-86-4411
c Employer's name, address, and ZIP code 1 Wages,tips,other compensation 2 Federal income tax
Soc. Security Tax 257.63 4
AKSAN UNITED FORTUNE 4155.27 460.66
Medicare Tax 60.24 6 3 Social security wages 4 Social security tax
6850 W 52ND AVE STE. 200
CO Income Tax 157.00 17 4155.27 257.63
ARVADA, CO 80002

Wage and Tax Statement


City or Local Filing Copy
5 Medicare wages and tips 6 Medicare tax withheld
b Employer's identification number d Control Number
4155.27 60.24
7 Social security tips 8 Allocated tips
46-1142052 96909-103771

Copy 2 for Employee's City/Local Income Tax Return.


e Employee's name and address 9 10 Dependent care benefits
VANESSA SAPIEN GONZALEZ
11 Nonqualified plans 12 See instrs. for box 12
19 GRANITE
FRISCO, CO 80443 13 Stat emp. Ret. Plan 3 Party Sick

14 Other

W2
15 State & Employer's state ID 16 State wages,tips,etc 17 State income tax 18 Local wages,tips,etc. 19 Local income tax 20 Locality name
CO 30323013 4155.27 157.00

a Employee's social security number


OMB No. 1545-0008
2020

631-86-4411
c Employer's name, address, and ZIP code 1 Wages,tips,other compensation 2 Federal income tax
AKSAN UNITED FORTUNE 4155.27 460.66
3 Social security wages 4 Social security tax
6850 W 52ND AVE STE. 200
4155.27 257.63
Employee Reference Copy

ARVADA, CO 80002
Wage and Tax Statement

5 Medicare wages and tips 6 Medicare tax withheld


b Employer's identification number d Control Number
4155.27 60.24
7 Social security tips 8 Allocated tips
46-1142052 96909-103771
e Employee's name and address 9 10 Dependent care benefits

VANESSA SAPIEN GONZALEZ


11 Nonqualified plans 12 See instrs. for box 12
19 GRANITE
FRISCO, CO 80443 13 Stat emp. Ret. Plan 3 Party Sick
Copy C for Employee's records.

14 Other
W2

15 State & Employer's state ID 16 State wages,tips,etc 17 State income tax 18 Local wages,tips,etc. 19 Local income tax 20 Locality name
CO 30323013 4155.27 157.00
Notice to Employee

Do you have to file? Refer to the Instructions for Forms 1040 and 1040-SR to determine if you are required to file a tax return. Even if you
don’t have to file a tax return, you may be eligible for a refund if box 2 shows an amount or if you are eligible for any credit.

Earned income credit (EIC). You may be able to take the EIC for 2020 if your adjusted gross income (AGI) is less than a certain amount.
The amount of the credit is based on income and family size. Workers without children could qualify for a smaller credit. You and any
qualifying children must have valid social security numbers (SSNs). You can’t take the EIC if your investment income is more than the
specified amount for 2020 or if income is earned for services provided while you were an inmate at a penal institution. For 2020 income
limits and more information, visit www.irs.gov/EITC. See also Pub. 596, Earned Income Credit. Any EIC that is more than your tax
liability is refunded to you, but only if you file a tax return.

Clergy and religious workers. If you aren’t subject to social security and Medicare taxes, see Pub. 517, Social Security and Other
Information for Members of the Clergy and Religious Workers.

Corrections. If your name, SSN, or address is incorrect, correct Copies B, C, and 2 and ask your employer to correct your employment
record. Be sure to ask the employer to file Form

W-2c, Corrected Wage and Tax Statement, with the Social Security Administration (SSA) to correct any name, SSN, or money amount
error reported to the SSA on Form W-2. Be sure to get your copies of Form W-2c from your employer for all corrections made so you may
file them with your tax return. If your name and SSN are correct but aren’t the same as shown on your social security card, you should ask
for a new card that displays your correct name at any SSA office or by calling 800-772-1213. You may also visit the SSA website at
www.SSA.gov.

Cost of employer-sponsored health coverage (if such cost is provided by the employer). The reporting in box 12, using code DD, of
the cost of employer-sponsored health coverage is for your information only. The amount reported with code DD is not taxable.

Credit for excess taxes. If you had more than one employer in 2020 and more than $8,537.40 in social security and/or Tier 1 railroad
retirement (RRTA) taxes were withheld, you may be able to claim a credit for the excess against your federal income tax. If you had more
than one railroad employer and more than $5,012.70 in Tier 2 RRTA tax was withheld, you may also be able to claim a credit. See the
Instructions for Forms 1040 and 1040-SR and Pub. 505, Tax Withholding and Estimated Tax.
Instructions for Employee

Box 1. Enter this amount on the wages line of your tax return.

Box 2. Enter this amount on the federal income tax withheld line of your tax return.

Box 5. You may be required to report this amount on Form 8959, Additional Medicare Tax. See the Instructions for Forms 1040 and
1040-SR to determine if you are required to complete Form 8959.

Box 6. This amount includes the 1.45% Medicare Tax withheld on all Medicare wages and tips shown in box 5, as well as the 0.9%
Additional Medicare Tax on any of those Medicare wages and tips above $200,000.

Box 8. This amount is not included in box 1, 3, 5, or 7. For information on how to report tips on your tax return, see the Instructions
for Forms 1040 and 1040-SR.

You must file Form 4137, Social Security and Medicare Tax on Unreported Tip Income, with your income tax return to report at least
the allocated tip amount unless you can prove with adequate records that you received a smaller amount. If you have records that
show the actual amount of tips you received, report that amount even if it is more or less than the allocated tips. Use Form 4137 to
figure the social security and Medicare tax owed on tips you didn’t report to your employer. Enter this amount on the wages line of
your tax return. By filing Form 4137, your social security tips will be credited to your social security record (used to figure your
benefits).

Box 10. This amount includes the total dependent care benefits that your employer paid to you or incurred on your behalf (including
amounts from a section 125 (cafeteria) plan). Any amount over $5,000 is also included in box 1. Complete Form 2441, Child and
Dependent Care Expenses, to compute any taxable and nontaxable amounts.

Box 11. This amount is (a) reported in box 1 if it is a distribution made to you from a nonqualified deferred compensation or
nongovernmental section 457(b) plan, or (b) included in box 3 and/or 5 if it is a prior year deferral under a nonqualified or section
457(b) plan that became taxable for social security and Medicare taxes this year because there is no longer a substantial risk of
forfeiture of your right to the deferred amount. This box shouldn’t be used if you had a deferral and a

distribution in the same calendar year. If you made a deferral and received a distribution in the same calendar year, and you are or
will be age 62 by the end of the calendar year, your employer should file Form SSA-131, Employer Report of Special Wage
Payments, with the Social Security Administration and give you a copy.

Box 12. The following list explains the codes shown in box 12. You may need this information to complete your tax return. Elective
deferrals (codes D, E, F, and S) and designated Roth contributions (codes AA, BB, and EE) under all plans are generally limited to a
total of $19,500 ($13,500 if you only have SIMPLE plans; $22,500 for section 403(b) plans if you qualify for the 15-year rule
explained in Pub. 571). Deferrals under code G are limited to $19,500. Deferrals under code H are limited to $7,000.

However, if you were at least age 50 in 2020, your employer may have allowed an additional deferral of up to $6,500 ($3,000 for
section 401(k)(11) and 408(p) SIMPLE plans). This additional deferral amount is not subject to the overall limit on elective deferrals.
For code G, the limit on elective deferrals may be higher for the last 3 years before you reach retirement age. Contact your plan
administrator for more information. Amounts in excess of the overall elective deferral limit must be included in income. See the
Instructions for Forms 1040 and 1040-SR.

Note: If a year follows code D through H, S, Y, AA, BB, or EE, you made a make-up pension contribution for a prior year(s) when
you were in military service. To figure whether you made excess deferrals, consider these amounts for the year shown, not the
current year. If no year is shown, the contributions are for the current year.

A—Uncollected social security or RRTA tax on tips. Include this tax on Form 1040 or 1040-SR. See the Instructions for Forms 1040
and 1040-SR.

B—Uncollected Medicare tax on tips. Include this tax on Form 1040 or 1040-SR. See the Instructions for Forms 1040 and 1040-SR.

C—Taxable cost of group-term life insurance over $50,000 (included in boxes 1, 3 (up to social security wage base), and 5)

D—Elective deferrals to a section 401(k) cash or deferred arrangement. Also includes deferrals under a SIMPLE retirement account
that is part of a section 401(k) arrangement.

E—Elective deferrals under a section 403(b) salary reduction agreement

F—Elective deferrals under a section 408(k)(6) salary reduction SEP

G—Elective deferrals and employer contributions (including nonelective deferrals) to a section 457(b) deferred compensation plan

H—Elective deferrals to a section 501(c)(18)(D) tax-exempt organization plan. See the Instructions for Forms 1040 and 1040-SR for
how to deduct.
J—Nontaxable sick pay (information only, not included in box 1, 3, or 5)

K—20% excise tax on excess golden parachute payments. See the Instructions for Forms 1040 and 1040-SR.

L—Substantiated employee business expense reimbursements (nontaxable)

M—Uncollected social security or RRTA tax on taxable cost of group-term life insurance over $50,000 (former employees only). See
the Instructions for Forms 1040 and 1040-SR.

N—Uncollected Medicare tax on taxable cost of group-term life insurance over $50,000 (former employees only). See the
Instructions for Forms 1040 and 1040-SR.

P—Excludable moving expense reimbursements paid directly to a member of the U.S. Armed Forces (not included in box 1, 3, or 5)

Q—Nontaxable combat pay. See the Instructions for Forms 1040 and 1040-SR for details on reporting this amount.

R—Employer contributions to your Archer MSA. Report on Form 8853, Archer MSAs and Long-Term Care Insurance Contracts.

S—Employee salary reduction contributions under a section 408(p) SIMPLE plan (not included in box 1)

T—Adoption benefits (not included in box 1). Complete Form 8839, Qualified Adoption Expenses, to compute any taxable and
nontaxable amounts.

V—Income from exercise of nonstatutory stock option(s) (included in boxes 1, 3 (up to social security wage base), and 5). See Pub.
525, Taxable and Nontaxable Income, for reporting requirements.

W—Employer contributions (including amounts the employee elected to contribute using a section 125 (cafeteria) plan) to your
health savings account. Report on Form 8889, Health Savings Accounts (HSAs).

Y—Deferrals under a section 409A nonqualified deferred compensation plan

Z—Income under a nonqualified deferred compensation plan that fails to satisfy section 409A. This amount is also included in box 1.
It is subject to an additional 20% tax plus interest. See the Instructions for Forms 1040 and 1040-SR.

AA—Designated Roth contributions under a section 401(k) plan

BB—Designated Roth contributions under a section 403(b) plan

DD—Cost of employer-sponsored health coverage. The amount reported with code DD is not taxable.

EE—Designated Roth contributions under a governmental section 457(b) plan. This amount does not apply to contributions under a
tax-exempt organization section 457(b) plan.

FF—Permitted benefits under a qualified small employer health reimbursement arrangement

GG—Income from qualified equity grants under section 83(i)

HH—Aggregate deferrals under section 83(i) elections as of the close of the calendar year

Box 13. If the “Retirement plan” box is checked, special limits may apply to the amount of traditional IRA contributions you may
deduct. See Pub. 590-A, Contributions to Individual Retirement Arrangements (IRAs).

Box 14. Employers may use this box to report information such as state disability insurance taxes withheld, union dues, uniform
payments, health insurance premiums deducted, nontaxable income, educational assistance payments, or a member of the clergy’s
parsonage allowance and utilities. Railroad employers use this box to report railroad retirement (RRTA) compensation, Tier 1 tax,
Tier 2 tax, Medicare tax, and Additional Medicare Tax. Include tips reported by the employee to the employer in railroad retirement
(RRTA) compensation.

Note: Keep Copy C of Form W-2 for at least 3 years after the due date for filing your income tax return. However, to help protect your social
security benefits, keep Copy C until you begin receiving social security benefits, just in case there is a question about your work record and/or
earnings in a particular year.

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