Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Completing employee's W2 forms (https://www.askmehelpdesk.com/showthread.php?t=180999)

  • Feb 6, 2008, 11:27 AM
    ksukyle
    Completing employee's W2 forms
    Are Wages (box 1), Social Security Wages (box 3), and Medicare Wages (box 5) generally the same number when completing a W2?
  • Feb 8, 2008, 11:17 AM
    MukatA
    In most of the cases, yes. If a employee has income more than $97,500, then the box 3 income is $97,000 and box 1 and 5 income will be more than $97,500.
  • Feb 13, 2008, 12:06 PM
    AtlantaTaxExpert
    There can also be adjustments for 401K contributions and Flexible Spending Account withholdings in the Box #1 figure.

  • All times are GMT -7. The time now is 02:29 AM.