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W2 - Box 2 = Prepayment - IRS Income Tax Tips - Loma Risper

Name: W2 - Box 2 = Prepayment - IRS Income Tax Tips - Loma Risper
Uploaded: 2023-03-03T15:48:44+00:00
Duration: 12 s
Channel: Loma Risper
Description: Your W-2 Box 2 shows federal tax withheld from your paychecks, but it's just a prepayment. When you file, that amount gets credited against what you…

3 Mar 2023 · 0 min

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Your W-2 Box 2 shows federal tax withheld from your paychecks, but it's just a prepayment. When you file, that amount gets credited against what you actually owe, and you either get a refund or owe more.