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FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

When is Intuit going to fix this there are several complaints and I do NOT want to file by mail as Intuit suggests
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6 Replies

FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

Reject Code FW2-001-02 generally occurs when a W-2 has been entered in the return and marked as a statutory employee W-2, but no Schedule C has been associated with the W-2. Wages from a W-2 marked as a statutory employee W-2 are not included in the income reported on Form 1040, line 1. Earnings as a statutory employee must be reported as income in Schedule C.

 

 

is that box checked on the actual w-2? if not then clear the checkbox in TurboTax. - you may need to delete the W-2  and enter it manually if you imported it.

 

 

 

FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

I incurred this error, but my W-2 does not have the statutory box checked, and I don't use a Sch C. The W-2 is from a non-qualified pension plan. What should I do?

FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

I had to open Turbo tax forms. My W2 is for an unqualified “pension” only 2 fields have the amount I received box 1 and box 11(non-qualified plans BUT TurboTax populated box 10 with my wages. I had to override that field to delete the amount. Resulting in only 2 fields having the wage amount populated. E-filed my return and it was accepted.

JohnB5677
Expert Alumni

FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

I don't think you have a W-2; it may be a 1099-R.  The type of form is listed just below the date.

To post a 1099-R

 

  1. Select Federal 
  2. Wages & Income 
  3. Select Wages and Salaries, or Revisit 
  4. Scroll to Retirement Plans and Social Security
  5. Select the type of income.
    1. IRA, 401(k), Pension Plan Withdrawals (1099-R)
    2. Social Security (SSA-1099, RRB-1099)
    3. Canadian Registered Pension Income
  6. At this point you can edit an existing document of [Add another 1099-R]
  7. If a new 1099-R continue to Let's import your tax info
  8.  You can import by selecting your provider. 
    1. Follow the instructions.
  9.  or [Change how I enter my form]
  10. [Type it Myself]
  11. Post your information.

 

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FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

I have a W-2, non qualified pension. Only 2 boxes are populated, Box 1 and Box 11. Box 11 is where you report a nonqualified plan. But the TurboTax software takes that data and adds it into another box. I had to go to “Forms” find the W-2 and delete that entry. E-filed and both the federal and state were accepted.

FW2-001-02 - The sum of all Form W-2s, 'WagesAmt' must not be greater than the sum of ['WagesSalariesAndTipsAmt' in the return 1040), 'TotalGrossReceiptsAmt'

I know the difference between a W-2 and a 1099. I’ve used TurboTax for decades and have never had a problem with this Nonqualified Plan. Just look at any W-2 box 11. Previous versions of TurboTax handled correctly, the 2022 version adds or fills another box rendering the W-2 invalid and the e-file gets rejected. Go into forms find the box that TT added and delete the value. Then resubmit your taxes.

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