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W2 Box 14 lists PEN LTD and carries it to Schedule A as a deduction.
This is Clients total LTD over the course of 42 years.
Why is it carrying to Schedule A?
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what description did you give it?
Youre the one that controls Box 14, when I type in PEN LTD in box 14, it doesnt automatically recognize what it is and assigns a category, I have to choose what it is.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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@Just-Lisa-Now- did you notice that OTprem in box 14 transfers the amount to the OT worksheet?
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I havent even tried, I just go direct to the OT section and enter it there.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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@Just-Lisa-Now- OT reporting on W2 will be required in 2026. I'm thinking this is how EEs will be required to present it. I've seen a few instances of OTprem in box 14 and it works... I'm thinking INTU actually got ahead of the game... 🙂