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Retirement tax questions
This would seem to suggest that you have some items reported in box 12 that have reduced your taxable compensation by $21,500. That could be elective deferrals reported with code D, $20,500 of regular elective deferrals and, if you were over age 50 in 2022, $1,000 of catch-up contribution, or maybe the $1,000 is something else like an HSA contribution.
‎April 18, 2023
3:43 PM