Wages, Tips, etc and Withheld Taxes

Form W-2
- Some Boxes give information about amounts includd in box 1
- Do not correct wage information about yourself
- Complete Form 4852, Substitute for Form W-2
Wages and Taxable Compensations
- Regualr Pay
- Tips Reported
- Bonuses and Awards
- Sick Pay
- Holiday Gifts
- Severance Pay
- Reimbursements from Travel (in certain cases)
- Employer-Provided Vehicule for Personal Driving
- etc.
- Form 1040, Line 7
Tip Income
- All Tips are Taxable Income
- Reporting Tips to Your Employer
- Tips Not Reported To Your Employer
- Allocated Tips
- Form 1040, Line 7
- Form 4137, Sociai Security and Medicare Tax on Unreported Tip Income
Medicare Waiver Payments
- Exclude Payments from Income
- File Form 1040X, Amended U.S. Individual Income Tax Return
Other Form 1040, Line 7 Income
- Add Benefits not Eligible for Exclusion from Gross Income
- Taxable portion of Scholarchips and Felloships
- Household Employee Income not Reported on a Form W-2
- Nontaxable Dependent Care Benefits
- Nonexcludable Employer Provided Adoption Benefits
- Disability Pension Received Prior To Retirement Age
Nontaxable Compensation
- Tax Free Benefits (Group Health Insurance...)
- Deferred Compensation ($01(k)...)
- etc.
Withheld Taxes
- Form W-4, Employee's Withholding Allowance Certificate
- Form 1040, Line 64
- Mandatory from some Types of Incomes

Individual Income Tax