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W-2 Box 11 Deferred Compensation Plan

ChrisCPA1
Level 3

Anyone know why ProSeries is taking amount in Box 11 (W-2) and reducing Box 1 Wages?  

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2 Comments 2
sjrcpa
Level 15

Because Deferred Comp now gets reported on a different line on the 1040. 

The more I know, the more I don't know.
ChrisCPA1
Level 3

Thanks BUT... why is software automatically reducing 1040 wages for Box 11 amount.  This is an error.

 

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