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.
- 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 use this W-2 reconciliation template to reconcile their form W-2 to their final calendar year pay advice.