Who must receive a Form W-2?

The correct answer indicates that every employee who receives payment for services must receive a Form W-2. The W-2 form is essential for reporting wages and taxes withheld for employees and serves as the primary wage and tax statement that employers must provide to their employees at the end of the year. This form is necessary for all employees, regardless of their earnings level, employment status, or hours worked, which ensures that all income is reported accurately to the Internal Revenue Service (IRS).

This rule applies broadly to all employees, meaning that even part-time employees and those earning lower wages are included. It is important to distinguish this requirement from independent contractors, who instead receive a Form 1099, reflecting their income earned from contract work.