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My Employer W2 shows NO social Security and Medicare
Hello All,
My Employer (One of the Top 3 Financial Institution in USA) sent me my 2019 W2 and only to realize that they have not cut any Social Security and/or Medicare. I got curious and looked at my Salary (paycheck) only to realize that it doesnt deduct SS or Medicare and I am not sure why(as I dont remember asking my Employer to not do it). For last 4 years 2016,17 ,18 and 19 my Social Security is showing 0.
I was not even aware of it and all these years I have been filling Married filling Jointly. I am at total confusion as to what we can do here to fix it and also not sure why this issue happened and is it Employers fault and should the employer fix it?
Can someone please help me understand as to why social security and Medicare wont be cut? My salary is 80K and I dnt think thats the criteria for it. I am in no way capability to pay IRS any of the last 4 years social security or medicare, what are my options here? Does the Employer need to fix it?
Appreciate your help.