- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
W-2 Question
Hi, I received a large severance payment in 2025 from my company, and taxes were withheld on the amount. My company has since rehired me after I paid back 2/3 of the severance payment on 12/31/25. My company provided a W-2 showing the repayment in boxes 2 and 3, but they are declining to update box 1 with the repayment amount, so it still looks like I kept the entire severance (meaning I wouldn't get a tax refund on the withheld amount). TaxRite (through ARAG Legal) agrees with me that box 1 should also reflect the severance repayment. What do you recommend?
5 hours ago