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Electric_Mermaid
Returning Member

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

 
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8 Replies

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

Is this a homework question?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

Why to you think there would be a limit on wages earned ? 

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

There is a max for box 3 Social Security wages.   

For 2021 the max for Social Security (box 4) is $8,853.60 on $142,800 of wages (142,800 x 6.2%).

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

Electric_Mermaid
Returning Member

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

It is my understanding that if a value of larger than 999,999.99 is uploaded to the IRS, it breaks the system.    Any number can be printed to paper with only the limitation of the print rendering software, but the concern is the back end of the information that is sent to the IRS.  Can it accept a number higher than that?

Electric_Mermaid
Returning Member

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

Kind of.  But not for school.

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

OK ... the TT DIY program has a limit on digits (not the IRS)  so you will not be able to use the TT program but if you are making more than a MILLION dollars on a paycheck why are you doing your own taxes ???

What is the maximum amount of gross wages that can be submitted to the IRS on a W2?

Your question was whether the IRS places a limit on how much income you can report on a W-2.   Turns out you were not asking that.   You want to know how much income can be entered using the software program.    Since TurboTax is for do-it-yourself tax returns, it's pretty safe to assume that people with W-2 incomes over the amount you are worried about would not be using do-it -yourself tax software.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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