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Form 4137
Form 4137

Form 4137Social Security and Medicare Tax on Unreported Tip Income

10 — Remaining Social Security Wage Base Updated for tax year 2025

Does this apply to you?

  • You earned wages and tips during the year and need to determine if you have exceeded the Social Security wage base
  • You worked multiple jobs and your combined wages approach or exceed the annual wage base
  • You are a high-earning tipped worker whose total compensation puts you near the cap

Easy to overlook

The wage base includes wages from all employers, not just tipped jobs If you worked a salaried job earning $150,000 and also worked a weekend bartending gig, your remaining Social Security wage base for tip purposes is only $26,100 ($176,100 minus $150,000). Filers with multiple income streams forget that the cap applies to total covered earnings across all jobs. 1 IRS Form 4137 instructions — Line 10

The wage base changes every year The Social Security wage base is adjusted annually for inflation. Using a prior year’s cap produces the wrong result on line 10. For 2025, the cap is $176,100. Check the current year’s amount in the Form 4137 instructions or IRS Publication 15. 2 IRS Publication 15 — Social Security wage base

Watch out for this

Using your total wages from W-2 Box 1 instead of Social Security wages from Box 3 when calculating the amount already taxed. Box 1 includes certain income not subject to Social Security tax (like some fringe benefits), while Box 3 shows the actual wages on which Social Security tax was withheld. Using Box 1 overstates wages already taxed and understates your remaining wage base.

Footnotes

  1. IRS Form 4137 Instructions, Line 10. https://www.irs.gov/instructions/i4137

  2. IRS Publication 15 (Circular E), Employer’s Tax Guide, Social Security Wage Base. https://www.irs.gov/pub/irs-pdf/p15.pdf

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