The website is easy to use
The website is user-friendly and simple to navigate. What we’re going to do in this video is at least get you familiar with a bunch of forms that you’re likely to see when you get a job. I’m not going to go into deep detail on each of these forms, but just to give you some basic familiarity so that you aren’t caught unaware when you actually have to fill these out yourself.
The first form that you’re going to see when you get a job as an employee is the I-9 Employment Eligibility Verification. This is just to make sure that you are qualified to work in this country. You have some just basic personal information up here and then you say whether you’re a citizen, a non-citizen national of the United States, a lawful permanent resident, etc.
Another form that you are going to fill out if you are starting a job as an employee is a W-4 Employees Withholding Certificate. This is to let the employer know on every paycheck you get how much should be withheld and sent to the IRS. Every time you get paid, your employer is going to set aside some money and essentially pay your taxes. At the end of the year when you do your taxes, you’re going to make sure that the right amount was paid. If your employer withheld more than they needed to, you’ll get a refund.
When you go into a new calendar year, you usually get a W-2 from your employer. This is very important for actually filling out your taxes. This is essentially a summary that you get from your employer. It’s really important for filling out your taxes because when you fill out your taxes you can put in these numbers of well what were your total wages, tips, and other compensation. How much was withheld?
If you are a contractor, you might see a form like 1099. A contractor is someone who does something for a company, but they are not an employee. They might do it only for a certain amount of time and the company can’t decide when and how they do their work as long as they get it done by a certain date.