Thanks for the insight! This is the first time I am having lump sum vacation payment rolled into retirement plan, so I want to check if things are correctly reported.
I see that in box 12, there is the post-tax amount that were rolled into my retirement plan. The tax withholding amount seems to be correct, when I add up box 2 to 6, it equals 75.49.
I just don't understand why it is also showing 75.49 in box 1 (wages, tips etc) and box 16 (state wage, tip, etc). Isn't this will increase my taxable income in turbotax?
