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June 1, 2019
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Is it possible to have higher medicare wages than wages in box 1? This W2 only had my last incoming before retiring.

  • June 1, 2019
  • 1 reply
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Best answer by MichaelL1

Yes it is common to have boxes 3 and 5 higher than box 1 Wages.

some of the reasons for this could be retirement contributions or pretax medical premiums.  

Box 1 is what you pay tax on, so this is a good thing to have happen. 

1 reply

MichaelL1
MichaelL1Answer
Employee
June 1, 2019

Yes it is common to have boxes 3 and 5 higher than box 1 Wages.

some of the reasons for this could be retirement contributions or pretax medical premiums.  

Box 1 is what you pay tax on, so this is a good thing to have happen.