pk
Level 15
Level 15

Deductions & credits

@Tj2008 , if I understand your situation correctly:

(a) you were allotted some shares by your employer at an FMV of US$100

(b) Employer reported this award of US$100 on your W-2;  Employer withheld taxes of  US$ 30 towards taxes ( Federal. State, FICA ) all shown on your W-2

(c)  You wrote a check to the employer covering the taxes withheld.

 

This would mean that the employer  took your check to defray the  taxes  ( Federal + State + 1/2 FICA).  So all you have to do is o confirm with the employer that indeed  you paid for the taxes and not directly withheld from your pay.  If that is correct then there is no issue -- your W-2 is correct.   If on the other hand the employer withheld from the award ( how, -- your net pay would have  been reduced to pay for this) then you need a corrected W-2 to show this extra withholding. 

 

Does this make sense  ?