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posted Mar 16, 2024 3:44:47 PM

Is it normal for wages, tips, other compensation to be less than social security and Medicare wages on W-2?

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1 Replies
Level 15
Mar 16, 2024 3:49:45 PM

Yes very common.  There are several pretax deductions that are not in Wages but are still included in Social Security and Medicare wages.  Like 401K contributions.