Bill Smith leaves his job on July 9. He requests a copy of his W-2 form when he leaves. His boss tells him to wait until January of next year. Please discuss whether Bill?s boss is correct in making this statement.

W-2

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22222 a Employes's social security number For Official Use Only Void OMB No. 1545-0000 123-45-6789 b Employer identification number (EIN) 1 Wages, tios, ther compansation 2 Federal income tax witheld 58-1213479 23,176.20 3 Social security wages 23,176.20 5 Medcare wages and tipe 23,176.20 1 Social secuity ips 2,241.86 4 Social security tax withteld c Employer's name, addrecs, and ZP ocde Travelwithus.com, Inc. 10 Lovett Road 1,436.92 6 Modicare tax withheld Salem, MA 01970 336.05 8 Alocated ips d Control rumber 10 Dependent care benefits e Employee's frst name and initial Last name Suft 11 Nonqualfied plars 12a See instructions for box 12 „Stephanie. A. _Higuera 18 Sty 125 npye plan sck py 1014 Inverness Way Southside, MA 01945 14 Cther 12 124 f Employee's address and ZIP code 15 Sate Employer's state ID number 16 Siate wages, fps, oto. 17 Stato incomo tax 18 Local wages, tips, etc. 19 Localincome tax 20 Localily name MA 621-8966-4 23,176.20 1,854.10 W-2 Wage and Tax Statement Department of fie Treasury- hlenal Revenue Service For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Form Copy A For Social Socurity Administration - Sand this entira page with Form W-3 to the Social Security Administration; photocopies are not acceptable. Cat. No. 10134D Do Not Cut, Fold, or Staple Forms on This Page