If Box 2 on your Form W-2 is empty, it means that federal taxes were not withheld from your paychecks. Note: If you believe that you did have federal taxes withheld from your wages, you should contact your employer and request a corrected W-2 before you file your tax return.

Why does Box 18 on my W-2 have 2 numbers?

Box 18 has two numbers (they are the same as box 1 and box 5). Which number should I enter for local wages, tips, etc? You only need to enter the information from box 18 IF there is an amount in box 19. You can skip over or delete any line items that do not have an amount in box 19.

What if Box 18 on w2 is blank?

Box 18: Local wages, tips, etc. If your employee’s wages are subject to local income tax, include their total taxable wages in Box 18. Leave this box blank if the employee works in a locality with no income tax. The amount you list in Box 18 might be different than Boxes 1 and 16.

Why is Box 18 different than box1?

Box 18 (W-2) may often differ from Box 1 and Box 16. The fact that it is less for you would mean your local taxes could be less than if they were the same. Box 18: Local wages. Box 18 reports the total amount of wages subject to local, city, or other state income taxes.

What are the numbered boxes on the W2 form?

The numbered boxes, Boxes 1-20, can get a little more tricky. If you want Form W-2 explained, dive into each box’s purpose below. Box A shows your employee’s Social Security number.

Is the box 18 on my W2 empty?

Hello- box 18 on my W2 is empty but there are amounts in box 19 which I entered. I received an error message when trying to save my info that in box 18 Wages must be larger than Tax. … read more

What should be in box 5 of W-2?

The amount in Box 5 multiplied by the Medicare tax rate should equal Box 6. But if the employee earned above $200,000 (single), their tax liability should be greater. If you paid an employee above $200,000 (single), you should have also withheld the additional Medicare tax rate of 0.9% from their wages above $200,000.

Why are wages in box 1 lower on W-2?

The wages you report in Box 1 might be higher or lower than other wages on Form W-2. This is not a mistake. For example, an employee’s Box 1 wages can be lower than Box 3 wages. Some pre-tax benefits are exempt from federal income tax but not Social Security tax.