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Why taxes withheld don't match

 
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1 Best answer

Accepted Solutions
Rachel_W
Expert Alumni

Why taxes withheld don't match

Social security and Medicare taxes are not included as "tax payments" on your Tax Return like Federal and State Withholding.

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6 Replies
Rachel_W
Expert Alumni

Why taxes withheld don't match

Federal taxes withheld? Did you have wages greater than $250,000?

Why taxes withheld don't match

no. i don't see my social and medicaid taxes paid are not considered under federal taxes withheld section only Federal tax and state taxes paid are considered.

Why taxes withheld don't match

This is the response i got "Social security and Medicare taxes are not included as "tax payments" on your Tax Return like Federal and State Withholding." for that my following questions are, is it new for this year or from the begining? I am confused, if they don't be considered in Federal withholding then when they will be considered?
Rachel_W
Expert Alumni

Why taxes withheld don't match

Social security and Medicare taxes are not included as "tax payments" on your Tax Return like Federal and State Withholding.

Why taxes withheld don't match

is it new for this year or from the begining? I am confused, if they don't be considered in Federal withholding then when they will be considered?
Rachel_W
Expert Alumni

Why taxes withheld don't match

These taxes are paid to the Social Security Administration and when you turn 65 you can take advantage of this.  Here is a link to help explain: <a rel="nofollow" target="_blank" href="https://www.thebalance.com/where-do-social-security-and-medicare-taxes-go-1289990">https://www.theba...>
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