W-2, W-9 and W-4 Tax Forms Explained

What's the difference between a W-2, W-9 and W-4? Which one should you file for your taxes this year? There are subtle differences you need to know! Lets go through each tax form in today's video! 0:00 Introduction 1:02 Which W-form to complete if you're an employee 1:05 What's the purpose of the W-4? 1:38 What is a W-2? 1:57 What's the difference between a W-2 and a W-4? 2:13 Should I submit W-2 and W-4 to the IRS? 2:33 Which W-form to complete if you're an employer 3:03 What is Form W-9 used for? 3:35 W-9 vs. 1099 Tax Forms: What is the difference? ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: https://www.acapam.com/contact/ Connect with ACap on social media: Twitter:   / acapam   Facebook:   / acapadvisorsaccountants   LinkedIn:   / acapadvisorsaccountants   Instagram:   / acapadvisorsaccountants   #fiduciaryfinancialadvisor DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS TAX, FINANCIAL, OR LEGAL ADVICE. EVERY PERSON’S SITUATION IS DIFFERENT AND YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL AND TAX ADVISOR FOR ADVICE SPECIFIC TO YOUR SITUATION. COMMENTS ARE NOT REVIEWED