{"id":3102,"date":"2010-05-15T13:37:42","date_gmt":"2010-05-15T17:37:42","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=3102"},"modified":"2010-05-18T14:26:19","modified_gmt":"2010-05-18T18:26:19","slug":"irs-releases-revised-form-w-2-and-form-w-3","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/05\/irs-releases-revised-form-w-2-and-form-w-3\/","title":{"rendered":"IRS Releases Revised Form W-2 and Form W-3"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">Internal Revenue Service (IRS)<\/a> recently released revised 2010 <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw2-2010.pdf\" target=\"_blank\">Form W-2, Wage and Tax Statement<\/a>, and revised 2010 <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw3-2010.pdf\" target=\"_blank\">Form W-3, Transmittal of Wage and Tax Statements<\/a>. The revised 2010 <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/iw2w3-2010.pdf\" target=\"_blank\">Instructions for Forms W-2 and W-3<\/a> indicate that employers should:<\/p>\n<p style=\"padding-left: 30px;\">Report the amount of wages and tips paid to the qualified employee for which you claimed the payroll tax exemption in Box<strong><em> <\/em><\/strong>12, using code CC. This will include wages and tips paid to the qualified employee from April 1, 2010, through December 31, 2010, for which you claimed the payroll tax exemption, plus wages and tips paid to the qualified employee from March 19, 2010, through March 31, 2010, for which you claimed a credit in the second quarter of 2010. The amount may not exceed $106,800 (2010 maximum social security wage base).<\/p>\n<p>The box on the <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw3-2010.pdf\" target=\"_blank\">Form W-3<\/a> to report deferred compensation was moved from box 12 to box 12a. In addition, a new box 12b was added to report HIRE exempt wages and tips. Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have any questions on the 2010 <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw2-2010.pdf\" target=\"_blank\">Form W-2<\/a> and revised 2010 <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw3-2010.pdf\" target=\"_blank\">Form W-3<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service (IRS) recently released revised 2010 Form W-2, Wage and Tax Statement, and revised 2010 Form W-3, Transmittal of Wage and Tax Statements. The revised 2010 Instructions for Forms W-2 and W-3 indicate that employers should: Report the amount of wages and tips paid to the qualified employee for which you claimed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[25,224,770,1208,1204,321],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3102"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=3102"}],"version-history":[{"count":3,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3102\/revisions"}],"predecessor-version":[{"id":3108,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3102\/revisions\/3108"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=3102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=3102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=3102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}