Answered

What is the amount of local tax withheld on this W-2?




a Control number		22222OMB No. 1545-0008\multicolumn{2}{|c|}{Safe, accurate, FAST! Use}\multicolumn{2}{|c|}{Visit the IRS website at www.irs.gov/efile.}

\multicolumn{3}{|l|}{\begin{tabular}[t]{l}
b Employer identification number (EIN)

10-44444444444
} & \multicolumn{2}{|c|}{

1 Wages, other compensation

\$45,890.00
} & \multicolumn{2}{|c|}{

2 Federal income tax withheld

\$4599.00
} \\

\hline \multicolumn{3}{|l|}{\multirow{3}{}{

c Employer's name, address, and ZIP code

Meridith's Cosmetics

777 Any Street

Anytown, Anystate 00000
}} & \multicolumn{2}{|c|}{

3 Social security wages

\$45,890.00
} & \multicolumn{2}{|c|}{

4 Social security tax withheld

\$2340.00
} \\

\hline & & & \multicolumn{2}{|c|}{

5 Medicare wages and tips

\$45,890.00
} & \multicolumn{2}{|c|}{

6 Medicare tax withheld

\$1171.00
} \\

\hline & & & \multicolumn{2}{|c|}{7 Social security tips} & \multicolumn{2}{|c|}{8 Allocated tips} \\

\hline \multicolumn{3}{|l|}{

d Employee's social security number

555-55-5555
} & \multicolumn{2}{|c|}{9 Advance EIC payment} & \multicolumn{2}{|c|}{10 Dependent care benefits} \\

\hline \multicolumn{3}{|l|}{\multirow[t]{7}{}{

e Employee's first name and initial Last name

Susan M Cary

111 Any Street

Anytown, Anystate 00000

f Employee's address and ZIP code
}} & \multicolumn{2}{|c|}{11 Nonqualified plans} & \multicolumn{2}{|c|}{12a See instructions for box 12} \\

\hline & & & \multicolumn{2}{|c|}{} & \multicolumn{2}{|c|}{12b} \\

\hline & & & \multicolumn{2}{|c|}{\multirow[t]{3}{*}{14 Other}} & \multicolumn{2}{|c|}{12c} \\

\hline & & & & & \multicolumn{2}{|c|}{12d} \\

\hline & & & & & \multicolumn{2}{|c|}{} \\

\hline & & &

15 State Employer's state ID number

Any
&

16 State wages, tips, etc.

\$45,890.00
&

17 State income tax

\$2294.00
&

18 Local wages, tips, etc.

\$45,890.00
\\

\hline & & & & & &

19 Local income tax

\$256.00
\\

\hline

\end{tabular}


A\$4599
B\$2340
C\$2294
D\$256

Verified Answer :

  • Analyze the W-2 form to find the section for state and local tax.
  • Identify box 19, which is labeled as 'Local income tax'.
  • Read the corresponding value from the table for box 19, which is \(\$256.00\).
  • Conclude that the local tax withheld is \(\boxed{\$256}\).

Explanation

  1. Analyzing the W-2 Form Structure

To determine the amount of local tax withheld from the provided W-2 Wage and Tax Statement, we must examine the sections of the form that detail state and local tax information. The W-2 form is structured into numbered boxes, each representing a specific category of income or tax withholding. Our objective is to identify the figure specifically labeled as 'Local income tax'.

  1. Locating the Local Income Tax Information

By reviewing the bottom table of the provided document, which lists the details for state and local taxes, we locate the columns corresponding to boxes 15 through 19. Specifically, box 19 is designated for 'Local income tax'. Identifying the entry under this heading in the row containing the state and local information, we find the value listed is \(\$256.00\).

  1. Conclusion

Based on our analysis of the provided W-2 Wage and Tax Statement, the value associated with box 19 ('Local income tax') is \(\$256.00\). This confirms that the amount of local tax withheld for the employee is \(\$256.00\). Therefore, the final answer is \(\boxed{\$256}\).

Examples

Understanding how to read a W-2 form is a fundamental life skill for anyone entering the workforce. By learning to identify boxes like Box 19 for 'Local income tax,' you ensure that you accurately report your earnings and withholdings when filing your annual income tax return. This helps you verify that your employer has accurately processed your taxes, ensuring compliance with local government regulations and helping you manage your personal finances more effectively.

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