Here's the deal with Money Tax Estimator and company 401k contributions. As
noted in http://www.bollar.org/msmoney/#Q14, there is a way to do this that
works around the behavior of the tax estimator. The issue arises from how
the tax estimator calculates your taxable wages. It does this in kind of a
non-obvious way. It takes the first category/split on the wages tab,
regardless of what it is, and subtracts from that amount the total of the
before taxes tab. This plus taxable categories on the rest of the wages tab
becomes the wage and salary line value in the tax estimator. So, if you put
the company contribution on the before tax tab, Money subtracts this from
your taxable wages.

"Charlie Zuck" <anonymous[at]discussions.microsoft.com> wrote in message
news:05ed01c3ce9a$19daa1f0$a601280a[at]phx.gbl...
- quote -

I don't want it included with my income on my W-2. The
program appears to be subtracting the amount twice judging
by taxable income figure. My total federal taxable income
in Money is less than the figure on my pay stub.
I list the match amount in the Wages screen as employer
matching. Then in the before tax screen I transfer it to
my 401k contribution account just like the instruction
listed under help. Like I said the program appears to be
subtracting it twice from the gross amount.
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Is your matching money for your retirement plan? If so, it shouldn't
be taxable. Otherwise, you can go to "categories," select the
category to which you assign your matching money...and configure the
tax info in the lower area of the screen. If you want the money
included with your W-2 income, select "Include on tax reports," then
"W-2" on the tax form line, then the appropriate W-2 form number
(number 1 if you only have one job). Hopefully that'll make the tax
calc accurate.

"Charlie Z" <anonymous[at]discussions.microsoft.com> wrote in message news:<038b01c3cdc0$7f90d940$a301280a[at]phx.gbl> ...
- quote -

I recently set up Money 2003 to track my employer matching
dollars in my weekly paycheck. All appeared fine until I
ran the report for taxes. My Money taxable income does
not match my paystub. It is off by the exact amount of
the employer matching amount. In other words, Money's
taxable income amount is less by the employer matching
amount. It appears that Money is subtracting the employer
matching dollar amount from the gross income figure I
enter. Is there a glich in the program?