RobertB4444
Expert Alumni

Get your taxes done using TurboTax

It does!  And you will be if you enter everything as it is.

 

The easiest fix is to go back and amend your 2022 return and change that five thousand to two thousand which matches the W2 and then you can just put the additional three thousand into 2023 which matches the W2 for that year.  It doesn't match the broker report but if you were ever questioned 'matching my employer's W2' is never a bad answer.

 

The only other option I see is to leave your 2022 return unchanged and then to adjust your 2023 W2 to match the reality of the situation.  The problem with this approach is that the IRS tends to match the forms that they receive to each other.  So they will be trying to match your W2 and your tax return and they won't match.  So you can expect a letter about it to which you will have to respond with the broker report and the 2022 tax return.

 

@bogdanovmk 

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