Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
W-2 Update 2014
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="watdaflock?" data-source="post: 1499313" data-attributes="member: 53239"><p>^Don't do this.</p><p></p><p></p><p>Copy/paste below from turbotax:</p><p></p><p>You shouldn't, usually there is a difference in total wages from a W2 and a pay stub if you have any 401K and/or Life insurance, Cafeteria Plan etc you might contribute to, you won’t have the correct amount of Social Security Taxes or Medicare wages you need to enter.</p><p></p><p><strong>Filing your return using only your last pay stub or paycheck could create headaches for you later: </strong></p><p></p><ul> <li data-xf-list-type="ul">The IRS or your state might send you <strong>notices</strong>, if what's on your pay stub doesn't match what's on your W-2. The W-2 contains specific data that isn't always on your paycheck.</li> <li data-xf-list-type="ul">If the numbers you enter on your return don't match your W-2, <strong>the IRS could hold up your refund for weeks</strong> until the differences are resolved.</li> <li data-xf-list-type="ul">You might have to <strong>amend</strong> your return, If you do file with your pay stub only and some figures differ from your W-2. That can be time-consuming.</li> </ul></blockquote><p></p>
[QUOTE="watdaflock?, post: 1499313, member: 53239"] ^Don't do this. Copy/paste below from turbotax: You shouldn't, usually there is a difference in total wages from a W2 and a pay stub if you have any 401K and/or Life insurance, Cafeteria Plan etc you might contribute to, you won’t have the correct amount of Social Security Taxes or Medicare wages you need to enter. [B]Filing your return using only your last pay stub or paycheck could create headaches for you later: [/B] [LIST] [*]The IRS or your state might send you [B]notices[/B], if what's on your pay stub doesn't match what's on your W-2. The W-2 contains specific data that isn't always on your paycheck. [*]If the numbers you enter on your return don't match your W-2, [B]the IRS could hold up your refund for weeks[/B] until the differences are resolved. [*]You might have to [B]amend[/B] your return, If you do file with your pay stub only and some figures differ from your W-2. That can be time-consuming. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
W-2 Update 2014
Top