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#2
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| BILLW wrote: - quote - > My brother in law received a W2 with the same amount in Box
You would think so.> 1 and Box 3, however he had a salary reduction plan, Code S > in box 12A of $1175. Shouldn't that reduce the amount in box > 1 by same amount like a code d (401K) does? However; maybe it's the other way around, and box three should be more. You reckon? Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| "BILLW" <billw[at]twcny.rrs.com> wrote: - quote - > My brother in law received a W2 with the same amount in Box
Box 1 probably has already been reduced by the amount in Box> 1 and Box 3, however he had a salary reduction plan, Code S > in box 12A of $1175. Shouldn't that reduce the amount in box > 1 by same amount like a code d (401K) does? > It effects his EIC if doesn't reduce, any thoughts? 12A. Wayne Brasch, CPA, M. S. Taxation << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "BILLW" <billw[at]twcny.rrs.com> writes: - quote - > My brother in law received a W2 with the same amount in Box
Yes, it does, however you can't tell from the W-2 alone> 1 and Box 3, however he had a salary reduction plan, Code S > in box 12A of $1175. Shouldn't that reduce the amount in box > 1 by same amount like a code d (401K) does? whether Box 1 is wrong or Boxes 3 and 5 are wrong. His last paystub should settle the issue, and then he can advise the employer that he needs a corrected W-2. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| My brother in law received a W2 with the same amount in Box 1 and Box 3, however he had a salary reduction plan, Code S in box 12A of $1175. Shouldn't that reduce the amount in box 1 by same amount like a code d (401K) does? It effects his EIC if doesn't reduce, any thoughts? bill << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |