Actress | Soundtrack | Producer. Kathie Lee Gifford was born on August 16, 1953 in Paris, France as Kathryn Lee Epstein. She is an actress, known for Today (1952), Kathie Lee's Rock n' Tots Cafe: A Christmas 'Giff' (1995) and Kathie Lee Gifford... Looking for Christmas (1994).
Generally, the amount needed for a year of Social Security covered earnings to be considered âsubstantialâ changes from year to year. For example, in 2014 your earnings with Social Security covered employment would be considered âsubstantialâ earnings if they were at least $21,750. The agency applies this measurement of âsubstantialâ earnings to all your working years under Social Security covered employment.
Box 3 (Social Security Wages) represents the portion taxable for social security purposes. Social security wages are calculated as Federal Taxable Gross (Box 1) plus Retirement Deductions (Box 12). The maximum social security wage amount for 2015 ande 2016 is $118,500. Box 5 (Medicare Wages) represents the portion taxable for Medicare tax purposes. Unlike Social Security wages, there is no cap for Medicare wages. One of the most common differences between box 1 and boxes 3 and 5 is the amount of employee contributions to deferred compensation plans such as traditional 401(k) and 457.