rsethi
Returning Member

Get your taxes done using TurboTax

I am getting same error but due to different reason.

 

I received regular Payroll W2 from my employer. I also received a 2nd "Pension W2" from my employer, which is to account for the non-qualified pension plan I am enrolled in. 

 

Based on what I understand from my employer, this 2nd W2 is to account for some mandatory taxes which need to paid out for (I think Social security and Medicare tax) when I earn $ in non-qual plan. I think it is something like - some amount of $ are withdrawn from non-qual plan to pay for these taxes and to account for all of this, a second W2 is given. Now, whether all of this can be in put in one W2 or not I am not sure. 

 

When I enter this second W2 in TurboTax and go through entire taxes, Turbotax is is giving STRONG ERROR since Box#1 in this 2nd W2 has much less $ compared to Box11. For relative comparison, Box1 has $1, for Box#11 has $50. So TT is not liking it.

 

Has anyone seen this in the past? Can I just ignore TT warning proceed and file my taxes? One idea just came to me if - whether I combine $ from both the W2s and enter it just as 1 W2? But the issue might be that the EINs on both W2s are different even though I work for same company and both came from same company (guessing this might be more of different legal entities for same company type stuff).

 

@AmyC  @dmertz Any thoughts or inputs are welcome! ---- Thank you.