USER 4926821
Returning Member

Education

@Hal_Al — been reading a few of your answers.

 

I received $5250 from my employer (university) this year. However, I received a total of $12000 in total payments received (box 1). The amount over $5250 is on my W2 in box 1. My employer makes me pay them at a rate of 32.65% back to them in a lump sum for the amount over $5250. Am I being taxed twice? To me it seems like I am paying twice. My question is: Can I deduct the amount above $5250 to claim the LLC?