Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
w2 questions?
Is there a reason why my federal wages (box 1) and my state wages (box 16) may not agree on my W2?
4 Answers
- Bostonian In MOLv 71 decade agoFavorite Answer
There may be things that are tax exempt from one but not the other.
Some states exempt SS and Medicare taxes from state tax. Or you may have Federal pre-tax items that are not given the same tax break at the state level.
- BlickaLv 41 decade ago
If the W-2 was provided by your employer, you should trust whatever figures they put on the W-2 for you. If you have your taxes prepared at H&R block (or another provider) they should be able to inform you of what is going on.
Source(s): http://thorsfinance.blogspot.com/ - 1 decade ago
It is possible that your State doesn't have an income tax? Check with your employer - human resources.
If you live in Texarkanna, that can be the reason.
good luck & blessing
Source(s): imho - www.irs.gov, individual, link to your State. - superfunkmastaLv 41 decade ago
There may be a maximum taxable income for your state.
It mostly depends on what state you are in.
