Form W-2 Box 1: Guide for Navigating Through Confusing Discrepancies The documents you receive will depend on the type of income you earned. During the Sprintax tax preparation process, you may get one of the following alerts when you are completing the W-2 form (Wage and Tax statement) part of Step 3: 1. Schedule A. Have a good day! California wages, for example, can be higher than federal wages (if you have deductions for contributions to an HSA- Health Saving Account), as California does not allow a deduction for those contributions. The U.S. differs from most other countries in how it sets its minimum wage. How Minimum Wage Works: Federal & State - Debt.org So NOW what do you suggest I do, QB help? Why does Acts not mention the deaths of Peter and Paul? x]s(vl tM:6e&ssmJ9x(rwoW7f}w~Vkd%3n%[wgg}8? Fringe benefits and company contributions that are subject to one or more Federal taxes can increase the amounts in one or more of the boxes. The federal return will reflect total wages of $25,000. Lets look at an example of an employee who has a 125 health insurance plan.The employee made $75,000 and contributed $5000 to their health insurance this year. LIVE: New Orleans Saints 2023 NFL Draft Recap Show - Facebook What could be included in Box 18 that isn't in the others? Those boxes represent your wage base for taxes. When you locate the difference, then consider if it is correct or not. This may help other users who experienced the same scenario as you with their W-2s in QuickBooks Online Payroll (QBOP). State Wages are simply the wages taxed for the state income tax item, the Wage Base in QuickBooks. Your situation is a normal one. Making statements based on opinion; back them up with references or personal experience. Wage and Hour Compliance - Government of New Jersey Back to Table of Contents California does not conform to federal law . Hence your employee's total yearly wages show twice on their W-2 state section (even if you've already set up the other/incorrect state to do not withhold), I encourage you to reach out to our Payroll Care team. >>
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If any of the W-2s are W-2Cs (corrected copies of the same W-2), only enter those one time each. After much wasted time, I see that the issue is that one employee, and on his W2, both states are listed. If you worked for the same employer in multiple state, there may be multiple lines of information. However, the local income reported in box 18 is signifcantly more than the second state income (the state I moved to) in box 16.