[dakensei]

Hi Everyone.

The company I worked for during most of 08 went out of business in August. I understand other people have had no luck contacting anyone for answers about W2 or anything else. So I have relegated to the fact that I have to prepare taxes without a w2.

I have the amounts for my gross pay, Fica, and Federal Income Tax. I also know that
Gross - (Fica + FIT) = net pay just by looking at my pay stubs.
My question is: would these amounts be the same to what I would see on the W2 if I were to receive one? Also I don't see any Medicare deducted from my gross earnings. That's what's confusing me the most. What happens with that?

Thanks for your time and knowledge.

[de_de_gc]

The amounts on your paystubs usually match your W-2, however there can be exceptions.
Medicare is a component of FICA, so if you see "FICA" but not Medicare, you may be fine.

Gross Subject Wages x 6.2% = Social Security
Gross Subject Wages x 1.45% = Medicare

Gross Subject Wages = Gross wages + any tax deferred withholdings (for example your contribution to your 401(k))

Do check to see if you live in a state where the disability insurance and/or the unemployment insurance are employee expenses as opposed to employer expenses.

Remember that W-2 do not have to go out to employees until 2/2/09, so I would not proceed using any substitute created from your paystub information until you have given whoever the chance to comply (maybe until around 2/15ish). --SOMEONE, the owner of the company or a responsible person, could theoretically come through for you and your co-workers.