DawnC
Employee Tax Expert

Retirement tax questions

Yes, the tax has been withheld.  You may need to add another line item to box 14.  ADD another line 14 entry with the same amount as in Box 1 Wages.   Select code - "Railroad Retirement Compensation."  Code RR Ret. Compensation.    This should prevent any errors and allow you to e-file.    You received the error message because the amount on Line 14 is greater than allowed, but entering the above information will allow your railroad income and withholding to be properly reported.

 

  • RR Tier 1 - xx
  • RR retirement compensation - Box 1 wages

 

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