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Simple IRA deduction not off wages on employer W2

sbring
Level 2

Employer didn't reduce Box 1 on W2 by Simple IRA deducted from employee check.    I put on as a IRA deduction but calculated it inn the form 8995 so that amount is wrong there.   Looking for a work around on this so all comes out correct

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3 Comments 3
IRonMaN
Level 15

If the W-2 is wrong, the employer needs to provide a corrected W-2


Slava Ukraini!
qbteachmt
Level 15

Are you sure this is not a Roth SIMPLE IRA? That would not be deductible through payroll or on taxes. Did you check the FICA calculations?

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Just-Lisa-Now-
Level 15
Level 15

If the W2 is incorerct they need to contact the employer or payroll company, YOU dont make any corections.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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