Retirement tax questions

Last year (2018) sounds like a major foul-up if 414(h) were listed as box 12 code D.  You may have to amend 2018 taxes if/and/when they issue a corrected W-2 for 2018   (And pay some back to the Feds)

 

I  "think" they really need to get their W-2 reporting in order.   414(h) contributions should only be in box 14.

 

 I don't know if there would ever be a way to clear this year thru the software, other than the employer issuing a corrected W-2.  They need to fix their W-2 (with a W-2C) before you can file.  if they delay too long, you may need to file an extension to give them more time to get it fixed.   (When a W-2C is issued, it usually just shows the boxes that it fixes, and you just edit the main W-2 to include those fixed boxes).

 

@dmertz      Does this sound about right?

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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