Social Security Wages
Social Security Wages
Total wages paid to an employee that are subject to this tax. This amount does not include tips. Wages are also subject to Medicare tax.
Mentioned in
?
References in periodicals archive
?
I read Charles Reul's July 6 letter with respect to the cap on Social Security wages, currently set at $102,000.
First up is gradually -- over 10 years -- phasing out the cap on earnings below which Social Security wages are levied.
31, 2013, and then, on its fourth quarter 2013 Form 941, it may reduce the fourth-quarter wages, tips, and other compensation on line 2; taxable Social Security wages on line 5a (subject to the wage base limitation for the year); and taxable Medicare wages and tips on line 5c, all by the amount of the same-sex spouse benefits treated as wages for the first three quarters of 2013.
There is a withholding limit for Social Security wages, but not Medicare wages.
Even if wages and growth rates remain fairly depressed, as the projection assumes, Social Security can be restored to balance by raising the base on which Social Security wages are taxed.
Employees and employers would pay a percentage of their social security wages with which they would purchase health insurance.
Notice if there is a difference between line 1 (wages, tips, other compensation) and line 3 (Social Security wages).
The amounts are free of income and payroll tax withholding, because they are not included in Box I (wages, tips, or other compensation), Box 3 (Social Security wages, if applicable), or Box 5 (Medicare wages and tips) of Form W-2.
Joe must file a Form W-2 for Mary's 1994 wages showing the entire $750 as social security wages. Mary will receive credit for $750 of 1994 social security wages.
Assume that the man, who has a long work history of maximum Social Security wages, will turn 66 in 2009 and that the wife, who has no (or low) Social Security wages, will turn 50 in 2009.
Because A was the service performer, the wages, although paid to B, are A's Social Security wages. Thus, payments are reportable by Y as Social Security and Medicare wages on A's Form W-2, together with the with-holding.
Thus, social security wages for a more-than-2% shareholder-employee should not include the value of employer-provided health benefits.
Financial browser
?
- ▲
- SO
- Soccer Mom Indicator
- Social Accounting
- social audit
- social capital
- social chapter
- social class stratification
- Social Contract Theorist
- Social Contract Theory
- social costs
- Social Democratic Party
- social dialogue
- social investing
- Social Justice
- social partners
- social partnership
- social products
- social responsibility
- Social Security
- Social Security and Medicare Taxes Withheld
- social security benefits
- Social Security Disability Income Insurance
- Social Security Number
- Social Security Reform Act of 1983
- Social Security Tips
- Social Security Wages
- socialism
- Socialist
- Socially conscious mutual fund
- Socially responsible fund
- Societa a Responsabilita Limitata
- societal marketing
- societal marketing concept
- Societe a Responsabilite Limitee
- Societe d'investissement a capital variable
- Societe par Actions Simplifiee
- Society
- Society for Worldwide Interbank Financial Telecommunications
- Society of Industrial and Office REALTORS
- socioeconomic group
- socio-economic group
- sociology of work
- socio-technical system
- Sode-No-Shita
- SOES
- SOES bandit
- Soft Call Provision
- Soft Commodity
- soft costs
- soft currency
- Soft dollars
- ▼
Full browser
?
- ▲
- Social security office
- Social security office
- Social security office
- Social Security Offset
- Social Security Old Age
- Social Security Online Verification
- Social Security Organization
- Social Security Pensions Act
- Social Security Reform Act of 1983
- Social Security Reserve Fund
- Social Security Retirement Age
- Social Security Retirement Program
- Social Security Review
- Social Security Sector Development Program
- Social security system
- Social security system
- Social security system
- Social security system
- Social security system
- Social security system
- Social Security Tax
- Social Security Tax
- Social Security Tax
- Social Security Tax
- Social Security Tax
- Social Security Tax
- Social Security This Week
- Social Security Tips
- Social Security Trust Fund
- Social Security Wage Base
- Social Security Wages
- Social Security Withholding
- Social Security Work Incentive
- Social security.gov
- Social security.gov
- Social Semantic Collaborative Filtering
- Social Semantic Web
- Social Senior Center
- social service
- social service
- social service
- Social Service Assistance Module
- Social Service Board
- Social Service Competency Based Training
- Social Service Coordinators
- Social Service Departments Activity
- Social Service Designee
- Social Service Diploma
- Social Service Employees Union
- Social Service Payment System
- Social service program
- Social service program
- Social service program
- Social Service Residential Facility
- Social Service Technical & Business Staffs
- Social Service Worker
- Social Service Worker-Gerontology
- Social Service Workers Coordinating Committee
- Social services
- Social services
- Social services
- ▼