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Retirement tax questions
Its the "wage" part of Medwage that concerns me.
If the $$ amount is somewhere close or equal to the box 1 value, then I would guess it's in the Railroad Retirement Compensation category. But if it IS the Medicare tax, then the $$ listed for that would be a much smaller number....approx 1.45% of your wages
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 1, 2021
4:14 AM
4,603 Views