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-   -   Filling W-2 boxes (https://www.askmehelpdesk.com/showthread.php?t=347035)

  • Apr 28, 2009, 01:19 AM
    billytalent
    Filling W-2 boxes
    Hi,
    I need help filling the W-2 boxes. Here's the information I was given:
    John (engineer) paricipates in his company's 401k plan, medical and FSA plans. His gross wages are $125k. From the gross salary John made pre-tax contributions of $6k to the 401k, $2.4k for health insurance for the entire family anf $1k to his medical expense FSA.

    Also from John's 2008 W-2 we learn that the company reported the following:
    FIT withheld $18k
    Soc.Security taxes withheld $6,324
    Medicare taxes withheld $1,763
    State taxes withheld $5,400

    I need help filling the W-2 form, particularly the following boxes (I posted my answers so far, I am not sure though):
    1. Wages and tips 121600.00
    2. Federal income tax withheld 18000.00
    3. Social security wages 102000.00
    4. Social security tax w/held 6324.00
    5. Medicare wages 119724.00
    6. Medicare tax withheld 1763.00
    7. Social security tips -
    8. Allocated tips -
    9. Advance EIC payment -
    10. Dependent care benefits -
    11. Nonqualified plans -

    I would appreciate any help. Thank you!
  • Apr 28, 2009, 07:03 AM
    AtlantaTaxExpert
    BillyTalent:

    This is a homework assignment, and if I answer for you, you learn NOTHING!

    So I am going to pass on answering, and I urge all other tax experts to pass as well.

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