Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

does w2 wages on box 5. medicare wages and tips include income from box 14 like health insurance and casdi? if box 5 shows at

does w2 wages on box 5. medicare wages and tips
include income from box 14 like health insurance and casdi?
if box 5 shows at 75,000 and box 14 has casdi of $500 and box 14 insurance of $2000. does that mean their $75,000 income from box 5 include casdi and insurance or is their income 75,000+500 + 2000= $78,000?
can you clarify?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Wiley CIA Essentials Of Internal Auditing Exam Review 2022 Part 1

Authors: S. Rao Vallabhaneni

1st Edition

1119846285, 978-1119846284

More Books

Students also viewed these Accounting questions

Question

Describe how the bond issue price is calculated.

Answered: 1 week ago

Question

Foto raf yollayam yorum bu y zden sorum z lm yor

Answered: 1 week ago

Question

6. Describe why communication is vital to everyone

Answered: 1 week ago