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Correcting Medicare Wages and Tips (Box 5) on Form W-2

Medicare wages and tips (Box 5) determine the amount of Medicare tax withheld. If this amount is incorrect, it must be corrected on a W-2c.

Step-by-Step Instructions

1. Open W2Correction Mate and either create a new company or open an existing one.
2. Click on the W-2C Forms Tab and then click Add W-2C Form.
3. Enter the employee details.
4. In the "Previously reported" column, enter the incorrect wage amount from Box 5.
5. In the "Correct information" column, enter the correct wage amount in Box 5.

6. Review the information and click Save.
7. To print the employee's copy, select the W-2C Form tab and click Print. In the dialog, select "Copy B—To Be Filed With Employee’s FEDERAL Tax Return".
8. To print the SSA copy, select the W-2C Form tab and click Print. In the dialog, select "Copy A—For Social Security Administration".
9. To e-file, select the Summary W-3C Form tab, and click E-File W-2C / W-3C Forms. Fill out information in the dialog, and click the Click here to review the W-3C form button. Click the I have reviewed the W-3C form box. Click OK. Once you create the e-File, you need to upload to the SSA BSO website.
10. Distribute the corrected form.

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Disclaimer: All tutorials provided are for informational purposes only. Please consult the IRS, your state department of revenue, or a tax professional for official advice and guidance regarding tax matters, including W2 corrections and W-2C filing.