Hi, I'm preparing 2020 W-2 for my small S-Corp. I'm the owner and employee. I contributed all of my 2020 salary to Solo 401K, so my W-2 Box 1 is 0. However, I did withhold $400 federal income tax from my paycheck through 2020, thinking that I'll be able to get that refunded with I file my tax return. So my W-2 Box 2 is $400. When I use TurboTax Business to prepare my W-2, it won't allow me to enter a number greater than 0 for Box 2. What should I do? I'm worried that I won't be able to get my federal income tax withholding refunded.
Thanks for your help!
