Box 1 might be correct, but might well be wrong because of some other pretax contributions that might occur that reduce the box 1 amount.
Box 14 should also contain an entry for your RR Retirement "Compensation"....it is that $$ amount you multiply by 0.062 to see if RR Tier1 taxes are correct. (Also, and entry in box 14 in another line)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
