How do I estimate W-2 numbers using my last paystub?
From your paycheck, subtract 401K money. This gets you to social security wages. From here, subtract your pre-tax benefits.
by Quick Answers - 18 hours ago
All the information should be on your pay stub - FICA is social security and medicare combined. If this is why you are having a problem - go to the IRS web site and do a search for circular C - within this you can find the % you need to use for both social security and medicare. Other than that - all info should have you year to date info on the stub. Total deductions etc. And you are right about the pre tax part -
by chasetwins05 - 18 hours ago
Just look at your gross amount (before any deductions) that will give you the first number you need.. you also need to figure out what is your deductions are.. yourself. yourself and spouse.. any other dependent children. Then look at the amount the Feds took out of your check.. just the income tax stuff.. not the Medicare, or any insurance etc. etc. Mostly you work with those 2 numbers, its not hard to do your taxes just read the booklet when you get it and follow the directions. If its a normal tax return you don't need to pay anyone to do the tax forms, remember irs.gov is also a place to help without paying for it.
by Tapestry6 - 18 hours ago
It is your gross pay and your federal tax that was taken out. Good luck!!
by Shanna J - 18 hours ago
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