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TeachMeFinance.com - explain Taxable Wages Taxable Wages The term 'Taxable Wages ' as it applies to the area of Medicare in the United States can be defined as ' Wages paid for services rendered in covered employment up to the annual maximum taxable amount'. Previous 5 Terms: Tax And Donations Tax Rate Taxable Earnings Taxable Payroll Taxable Self-Employment Income Next 5 Terms: taxaceous Taxation Of Benefits Tax-cost taxidermy taximeter About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.