Employers issue W-2 forms to employees to report total annual earnings and taxes withheld, which are also submitted to the IRS. This form is essential for preparing federal and state income tax returns accurately, as it details wages, tips, and tax deductions. Reviewing the W-2 carefully ensures that your reported income matches IRS records and helps prevent delays or notices. If you want professional assistance in understanding your W-2 form or filing your taxes correctly based on the information it contains, expert support is available at +1-866-513-4656.