You'll need to sign in or create an account to connect with an expert.
Those are the amounts of your wages on which social security and medicare are collected. Just like Box 1 shows the amount of your wages on which Federal income tax is collected.Box 3 and 5 may or may not be equal to box 1 if, for example, your have medical insurance deducted from your line 1 amount, or have contributions to a retirement plan like a 401k deducted.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jagunlabi
New Member
Saintjames18
Level 1
356mrad
New Member
aline1949
New Member
hbouzari
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.