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What Is The Difference Between Social Security Wages And Wages Tips And Other Compensation? [Solved]
Box 1 (Wages, Tips and Other Compensation) represents the amount of compensation taxable for federal income tax purposes while box 3 (Social Security Wages) represents the portion taxable for social security purposes and box 5 (Medicare Wages) represents the portion taxable for Medicare tax purposes.
Wages, Tips & Other Compensation
A short film, circa 1998. Happy 20th Anniversary, El Scorcho Productions!
Tax Form 941 - Line 2 - Wages, Tips and Other Comp - Video
Video on How to Complete IRS Tax Form 941 - Line 2.
SALARIES & WAGES -Differences and Applications
This lesson includes discussing