EMPLOYER’S GUIDE

There is no limit to the wages/tips subject to Medicare tax, so all such earnings must be shown on Forms W-2 and W-3 wage reports. FORM 941 AND 943 REPORTS. Incorrect or Omitted Medicare Wage/Tip Amounts. Show Medicare wages/tips separately from Social Security wages and tips on Forms 941 filed with IRS. Incorrect or Omitted Third Party Sick Pay ................
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