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What should I do when completing the Federal Wages and Income section dealing with Box 14 of my W-2 if I have 2 items described as "PENS" with separate amounts listed?

It's about $7k difference between the two PENS amounts, so I'm concerned I won't get what I'm owed.
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1 Reply
KrisD15
Expert Alumni

What should I do when completing the Federal Wages and Income section dealing with Box 14 of my W-2 if I have 2 items described as "PENS" with separate amounts listed?

That sounds like amounts contributed to a pension which would not affect your federal tax return. 

Select the last option "Other (not classified)" at the bottom of the drop-down. 

 

Box 14 is used by your company payroll and usually has no bearing on your tax return unless (uncommonly) it reports a tax that was withheld. 

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