On my wife's W-2 form, the number shown in box 1 (wage, tips and other comp) on Federal tax filing copy is $5000 less compare to box 1 on state and local tax filing copy.
- box 1 on Fedearl tax copy shown: $43749.44
- box 1 on state and local tax copy show: $48749.44
- the income shown under reported on W-2: $48749.44 on 2021 W-2 and Earning Summary section
- Her 401K contribution is $1,384.60
She contacted her HR department, they told her to use the number on state and local tax copy. We live in Texas (no state tax).
She received a bounus in amount $10,000 from her employer (bounus issued in 2/2022).
We plan to file as married couple for 2021.
I am wondering if this discrepancy will cause issues or confusion when IRS review our income tax for 2021.
