Employees often ask what amounts are reported on a Form W-2 and why the amounts on their pay advices are different from amounts on their Form W-2. Many of these questions focus on understanding the amounts in the numbered boxes on the Form W-2, followed by
- why the amounts reported on their Form W-2 and the amounts on their pay advices are different, and
- why Federal and State Taxable Wages differ from Social Security and Medicare Wages.
To assist employees in reconciling their pay advices to their Form W-2, employees may utilize this W-2 Reconciliation template to reconcile their Form W-2 to their final calendar year pay advice.