Frustrated-in-I L
Level 9
02-12-2024
02:10 PM
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The OP says nothing about this being the W-2 of an S Corp shareholder or a relative of such.
In the old days, it was quite common to have have medical paid post-tax. The amount in Box 1 included the wages which ultimately paid the medical insurance. I haven't seen it in probably 3 decades plus but back in the early 80s it happened all the time. In fact, and I may be wrong on this, but IIRC the law allowing pre-tax on the medical wasn't passed until the late 70s. I believe the business had to proactively do something to make the deduction pre-tax. Someone feel free to correct me on this.