AboutCarole Dunton Expertise Preparation of individual income tax returns including social security, pensions, lump sum distributions, sale of personal residence, stock and mutual fund sales, distributions from individual retirement accounts, moving expenses and itemized deductions.
General knowledge of schedule C for small sole proprietorships.
No experience in corporate, estate, partnership or large business returns.
Experience 9 years as tax preparer for major national firm.
What is the difference between Social Security wages and W-2 wages, and where can I find W-2 wages?
Box 3 on my W-2 form indicates my Social Security wages, but I cannot locate my W-2 wages, if there is such a wage.
I thank you for your reply.
Answer Hi,
Your W2 wages are in box 1 of your W2 form. Often W2 and SS wages are the same but not always. If you have deductions for a 401(k), for example, that is not included in your W2 wages but is included in SS wages. On your tax return you use your W2 wages in box 1.
