@railsyboy wrote:
Hi all,
I received a W2C from my employer after I filed my taxes. Box 12 had some pretty dramatic differences, so I wanted to see if that would impact my refund. The amounts are as follows:
Original:
12a 0.00 | D
12b 0.00 | DD
12c 143 | E
Updated:
12a D | 1438.57
12b DD | 4418.22
12c E | 0.00
How do y'all think this will impact things, if at all? I'm not able to amend my returns just yet, as TurboTax hasn't yet released that feature for this year.
Thanks!
It could. The code DD is information only and won't change anything.
Are yiu sure that box 1 did not also change to reflect the code D (401(k) deferrals? It possible that was accounted for in the original W-2.
he additional code D deferral might make a difference with the 8880 form (retirement savers credit).
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
