Question

How is a company with 538 employees required to file Forms W-2?

A. Using paper returns
B. Electronically
C. Electronically or on paper, whichever it prefers

Answer 1

A company with 538 employees is required to file Forms W-2 electronically.

Step-by-step explanation:

A company with 538 employees is required to file Forms W-2 electronically. According to the IRS, if a company has 250 or more Forms W-2 to file, they must be submitted electronically. This requirement aims to streamline the process and ensure timely and accurate reporting of employee wages and tax withholdings.