@marcuscato wrote:
@Opus 17 My company's payroll said that they will issue a W2C and boxes 1-6 and boxes 16 -19 will be updated. That is pretty much every relevant box. However, I am confused by this. Why would they edit boxes 2, 4, 6 and 16 i.e. federal, social security, medicare, state withholdings given those were actually withheld from my paystubs? If they reduce it, I would end up paying taxes in an amendment, given the withholding are down. And I cannot see why the boxes would have larger numbers either. Please can you help?
They can't legally update 1, 2, 16, or 17. Those boxes show what you were actually paid, and what was actually withheld. At this point you need to wait for the actual W-2C, and then probably see a tax professional.
