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    Why is the income on my W-2 always 10k-15k LOWER than my calculated annual income?

    Please tell me I'm not the only one with this problem. I feel so dumb. Every year I turn down applying to benefits for my family because my income that I calculate (reg. paycheck x number of pay periods) looks super high. But then I get my W-2 and it shows an annual income that is 10k-15k LESS...
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