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Why are Medicare/Social Security wages different than my federal taxable income?

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Why are Medicare/Social Security wages different than my federal taxable income?

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Retirement contributions are subject to Medicare/Social Security taxes. Therefore, you need to add your 403(b) deduction back to your federal taxable income to arrive at Medicare/Social Security wages.

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• A: Retirement contributions are subject to Medicare/Social Security taxes. Therefore, you need to add your 403(b) deduction back to your federal taxable income to arrive at Medicare/Social Security wages.

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