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Asked 12/11/2007
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401K reduction of wages Question: In the past the 401K contribution reduced all taxable wages dollar for dollar except OASDI and FICA. Is this still the correct statement.
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Answer 1/3 - Submitted 11/6/2009
Answer 2/3 - Submitted 9/2/2010
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I have recently receive my income tax refund with no explanation on what appears to be a reduction in the amount claimed for the earned income credit after having completed the worksheet for form 1040 line 64a as required, and i have concluded that the only other income that i have beside wages from...
I know that this individual has had his monthly wages garnished for a debt due to co-signing for his daughter-in-law's purchase of a van. (the d-i-l has since sold the van, filed bankruptcy and left town, so the father-in-law is left with the debt.) yet, on his w2, the only thing marked is in the...
My total fica wages were 29,448.22 my 401k contributions weree $16,735.64. i did not receive the 401k. it went to a financial institution. subtract the 40k contribution from fica wages will leave a total earnings of $12,712.58. the maximum one can earn in 2009 was $14,160.00. social security says i...
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I have recently receive my income tax refund with no explanation on what appears to be a reduction... |
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The wages of the individual were listed as less then the full wage on the w2 form. I know that this individual has had his monthly wages garnished for a debt due to co-signing... |
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My total fica wages were 29,448.22 my 401k contributions weree $16,735.64. i did not receive... |
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What is garnishment of property other than wages mean? Besides garnishing my wages, i heard they sieze your bank accounts, how does that work? and... |
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The hr admin. says they are not since there is no record of them on check stub. you are required... |
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I am trying to do my taxes from the last check of the year. |

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