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Form W-2 Serves Which of the Following Purposes

Question 35

Multiple Choice

Form W-2 serves which of the following purposes?


A) It establishes the employer's identification number.
B) It requires employers to pay a percentage of each employee's income.
C) It shows the employee's total taxable income for the previous year.
D) It is a complete accounting of tax deposits.
E) It summarizes taxes withheld from employee's paychecks.

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