@BMcCalpin The problem that I see with Box 12 with Code W on W-2 is that before I enter it, my tax liability is $2200. After I enter it, my tax liability becomes $2900. Excuse me???!!!
Why does w-2 box 12c with code W increase my taxable income, or increase my tax liability? It should not affect anything at all (as does Box 12 with code R doesn't), because it is taken out of boxes 1,3 and 5 as income. But when I report it, it adds $700 to my tax liability. (I only contributed about $3200). What is going on here?
Would someone possibly explain this, please?
