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Why Is Box 1 On My W-2 More Than My Salary? [Solved]
The most common reason for this discrepancy is the impact of pretax deductions, such as Section 125 health-related deductions or retirement plans like a 401(k). These pretax deductions reduce the amount of taxable wages reported on a W2.Apr 5, 2022
Payroll Query #2: Why Box 1(FIT wages), 3(SS Wages), 5(Medicare Wages) of W2 don’t match?
In this Video series,
Reading a W2
How to read
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