WebFeb 28, 2024 · 1 Best answer. LenaH. Employee Tax Expert. February 28, 2024 11:38 AM. If Box 15-17 are both for the State of California and not for different states, then you can add the amounts up and input the totals. However, if you have more than one state listed on your W-2, please select Add another state. WebSee the instructions for boxes 15, 16, and 17 under Boxes 15 through 20—State and local income tax information, later. This rule applies only to income tax reporting. Federal employers should withhold and report social security and Medicare taxes for these … 24 inch hairpin table legs WebDec 14, 2024 · Likewise, you may see W-2 Box 1 and Box 16 differ. And, the values in Box 1 and Box 18 may also vary. Reasons for W-2 form Box 1 wage differences. Here are a few common reasons for differences between Box 1 wages vs. Social Security wages, Medicare wages, and state and local income wages: 1. The employee elected to contribute to a … WebDec 13, 2024 · Box 16: State wages, tips, etc. Box 16 shows an employee’s wages that are subject to state income tax. If the employee works in a state with no state income tax, leave Box 16 blank. An employee’s Box 16 … 24 inch hairpin legs set of 4 WebNov 29, 2024 · Your employer should label each item listed in Box 14. If you’re confused about what’s reported in Box 14 on your W-2, you can contact your employer or the issuer of your W-2 form and request an explanation. Box 15: Employer’s State and State Tax ID. … WebDec 15, 2024 · Because of these and other differences, you must take the amount of wages from the “State wages” box on your W-2s (Box 16). Also check your W-2 to confirm that "New Jersey" or "NJ" appears in the "State" box. The "State Wages" figure on your W … 24 inch halloween tree skirt WebMaking Sense of the W-2. In Box 16 most states report the amount of wage that was earned in that state. So if you had state withholding in more than one state, you would see the first state listed in box 15 followed by the …

WebJan 19, 2024 · When I run the Tax Form Worksheet for W-2, it also calculates everything correctly there - the total for Box 1 wages is less than Box 3, Box 5, and Box 16 wages by the amount of the deduction. But, when I create the W-2s for the year by selecting "Create Form" for the "Annual Form W-2/W-3", QuickBooks Desktop is not processing it correctly. WebSee the instructions for boxes 15, 16, and 17 under Boxes 15 through 20—State and local income tax information, later. This rule applies only to income tax reporting. Federal employers should withhold and report social security and Medicare taxes for these employees in the same way as for other federal employees. ... Use Form W-2, boxes 3, … bowling alley for sale australia WebJul 14, 2024 · In Box 16 State Wages if Different, enter any amount of state wages that exceeds total Federal wages. Example: W-2 Displays the following income items: Federal 30,000, Arkansas 12,000, Kentucky 16,000, and Ohio 31,000. Enter this information accordingly: In the field, (1) Wages, tips, etc. (Ctrl+W if multi-state) enter. 12,000 AR … http://wm.edu/offices/financialoperations/payroll/understandingw2/wageandtaxstatement/index.php 24 inch hall table WebDec 13, 2024 · Box 16: State wages, tips, etc. Box 16 shows an employee’s wages that are subject to state income tax. If the employee works in a state with no state income tax, leave Box 16 blank. An employee’s Box 16 amount may differ from Box 1. This is not a … WebDec 15, 2024 · Because of these and other differences, you must take the amount of wages from the “State wages” box on your W-2s (Box 16). Also check your W-2 to confirm that "New Jersey" or "NJ" appears in the "State" box. The "State Wages" figure on your W-2(s) from employment outside New Jersey may need to be adjusted to reflect New Jersey tax … bowling alley for sale WebDec 30, 2024 · Employers fill out W-2 tax forms to summarize employee annual earnings and report the tax amount handed to the IRS. Follow these steps to fill out a W-2. ... Boxes 1 – 10. ... Box 16 is for an employee’s total earnings that are subject to state income tax withholding, while box 17 indicates the state income tax amount that’s been withheld

WebForm W⁠-⁠2 Reference Guide for Box 12 Codes . Form W⁠-⁠2 Box 13 Retirement Plan Checkbox Decision Chart. Nonqualified Deferred Compensation Reporting Example Chart. Index. Penalties. Caution. Extension of time to file Forms W-2 with the SSA. Extension of … bowling alley for sale michigan WebDec 1, 2024 · Pre-tax insurance plans don't report in Boxes 12 or 14 on the W-2. Let’s 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. Box 1 - Wages, tips, and other compensation (for Federal Income Tax): 70,000 (75,000 - 5,000) 24 inch halloween bat decoration