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Get your taxes done using TurboTax
IF....if you are talking about your W-2, (it all works OK on the Desktop software, not sure what the Online software does )
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<<BUT>>
TTX only has a problem with it if you haven't ALSO entered your RRTA Compensation on a separate line in box 14.
RRTA compensation in box 14 x 0.062 = RRB Tier 1 tax (on another line in box 14)
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Edit that W-2 in the software, and make sure it's all entered, and assigned a proper category. I haven't seen, or found an example of an actual RRB W-2 yet from a Railroad, so I'm not sure what they issue for all the boxes.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎December 21, 2019
7:12 AM
6,380 Views