Is box 1 on the W2 supposed to be gross wages less ANY pretax deductions? Or just 401k? Specifically, are pre-tax medical insurance premiums taken out?

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In box 1 of the Form W-2, your company reports the total taxable wages. This number excludes any pretax deductions from an employee's pay because they do not count as income for federal income taxes.

I had a sewer backup at my rental condo in October 2024 and I had to pay a $1000 deductible on the insurance claim. Can I claim this as a business expense?

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Is box 1 on the W2 supposed to be gross wages less ANY pretax deductions? Or just 401k? Specifically, are pre-tax medical insurance premiums taken out?

Is box 1 on the W2 supposed to be gross wages less ANY pretax deductions? Or just 401k? Specifically, are pre-tax medical insurance premiums taken out?

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Is box 1 on the W2 supposed to be gross wages less ANY pretax deductions? Or just 401k? Specifically, are pre-tax medical insurance premiums taken out?

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Is box 1 on the W2 supposed to be gross wages less ANY pretax deductions? Or just 401k? Specifically, are pre-tax medical insurance premiums taken out?

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