Why, on some W-2s, are the Medicare Subject Wages reported in Box 5 higher than the Social Security Wages reported in Box 3?

Question

Why, on some W-2s, are the Medicare Subject Wages reported in Box 5 higher than the Social Security Wages reported in Box 3?

April 26, 2017Box medicare reported social security Subject W-2s wages

1 Answer

Why, on some W-2s, are the Medicare Subject Wages reported in Box 5 higher than the Social Security Wages reported in Box 3?
What are the maximum wages subject to social security and the maximum social security tax to be withheld for 2001?
Why dont I have any Social Security or Medicare Wages reported?

score 0 · Answer 1 · 2010-06-24T11:50:12+00:00

For the 2008 tax year, Social Security tax is assessed on Social Security Subject wages up to a maximum of $102,000. No such contribution limit exists for Medicare Subject Wages.

Why, on some W-2s, are the Medicare Subject Wages reported in Box 5 higher than the Social Security Wages reported in Box 3?

1 Answer

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