Question: Why Is Box 16 Blank On My W2?

Which box on w2 is refund?

Box 2 on our W2 is the amount of tax withheld from your wages.

However, this does not tell you how much you will get back.

On your form 1040, you will see your refund on line 75.

If you owe, the amount will be on line 78..

What is w2 line 17?

Box 17 reports the total amount of state income taxes withheld from your paychecks for the wages reported in Box 16. Box 18 reports wages that are subject to local, city, or other state income taxes.

Why is there no state tax on my w2?

There is one W2 form that does not have the state income tax taken out (Box 17 on W2 Employer said that employee opted for exempt, which is not true. … If the form is incorrect, and you had state taxes withheld, you would need to have the employer issue a corrected W-2.

What is Box 1 on a w2?

Box 1 “Wages, tips, other compensation”: This is federal, taxable income for payments in the calendar year. The amount is calculated as YTD earnings minus pre- tax retirement and pre-tax benefit deductions plus taxable benefits (i.e., certain educational benefits).

Does your w2 tell you your tax return?

The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.

Why is Box 1 and Box 16 different on my w2?

Some employees may see a difference between Box 1 Federal Wages and Box 16 State Wages due to the value of certain pre-tax transportation benefits.

Why is Box 17 on my w2 blank?

If there is not state reporting requirement, boxes 15, 16 and 17 will be blank. If Box 15 and 16 are filled, then you should reconfirm with your employer on Box 17 – they should have withheld some state income tax which should be reflected under Box 17.

What do I do if my box 15 is blank on my w2?

If box 15, State Employer ID, is blank on your W-2, your e-file return should still go through just fine, as long as there are no other errors on your return.

What number on w2 is refund?

You’ll see your total annual income on your W-2, box 1 “Wages, tips, other compensation.” This is the total pay you received for the year from your employer, and it’s the amount you would enter on line 7, in the “Income” section of IRS Form 1040.

Why is Box 18 higher than box 1?

This amount might differ from the amount shown in Box 1. Box 18: Local wages, tips, etc. — The amount of your wages subject to local income tax. This amount might differ from the amount shown in Box 1 or Box 16.

How do I file my taxes without a w2?

Use Form 4852 and your last paystub to file income taxes Failing that, you can use IRS Form 4852 to file your tax return. Download Form 4852 from the IRS website and complete it using a copy of your last paystub. Once complete, attach Form 4852 to your 1040 or other tax form and send it to the IRS.

What does Box 16 mean on my w2?

If you are subject to state taxes, box 16 will indicate the total amount of taxable wages for state tax purposes. If you have wages reported in box 16, box 17 will show the total amount of state income taxes withheld during the year.