W-2 Practice

Based on the W-2 provided, Lily paid Indiana a state income tax rate of ____.

3.2%

Based on the W-2 provided, Social Security tax withheld for Lily was __________ of wages and Medicare tax withheld was __________ of wages.

6.2%, 1.45%

As Lily files her taxes, she learns that her federal total tax due ends up being $190. According to her Federal income tax withheld, how much of a tax refund can she expect back?

890.50

This piece of employee information is NOT included on a W-2

Employee's date of birth

Based on the W-2 form provided, what was the largest withholding?

Federal Income Tax

This form will be sent to Lily by the end of January. She will use this W-2 form to...

File her income taxes

As Lily is completing her 1040 form, what piece of information will she find on a different document rather than on this W-2?

Income earned from investments

What was the total amount deducted from Lily's pay for Federal, State, and Local income tax?

$1,781.33

What were Lily's gross wages for this period?

$14,450