Summit Racing SUM-G2339 - Summit RacingÂ® Molded Gasket Windage Trays Compare Windage Tray, Molded Gasket, Louvered, Nylon, Black, 3.750 in. Maximum Stroke, Chrysler, Big Block, Each
You figure self-employment tax (SE tax) yourself using Schedule SE (Form 1040). Social Security and Medicare taxes of most wage earners are figured by their employers. Also you can deduct the employer-equivalent portion of your SE tax in figuring your adjusted gross income.
Each year, employers must provide their employees with W-2 forms, showing the amount of wages and other money paid to the employer for the year and the taxes withheld from these payments. Employees use these forms to file their tax returns. You're required to supply these forms to your employees no later than January 31. Failure to do so, or to file your employers' copies of the W-2s by the IRS deadline, could result in penalties. Filing Deadlines You must furnish your employees with copies of their W-2s by January 31 of each year.