Income on W-2 does not match Contract Salary

Issue/Question

Why does my income on my W-2 not match my salary on my contract?

Environment

  • Income
  • Contract Salary

Cause

The income you see on your W-2 is your taxable income, not your total salary

Resolution

  1. The difference between your actual salary and your taxable income comes from:
    • Contributions to the retirement plans
    • Pre-tax benefits
    • Payroll deductions

Please contact Payroll if you need further assistance

 
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Details

Article ID: 5771
Created
Wed 11/11/20 10:15 AM
Modified
Thu 10/5/23 3:07 PM
KCS Article Status
WIP: Only Problem & some Environment captured
Not Validated: Complete & Resolution captured, confidence lacks in structure, content, no feedback
Validated: Complete & reusable, used by licensed KCS user, confidence in resolution & std. compliance
Validated

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