Sign on bonus

[user17710989220]

I received a sign on bonus in January 2025. Because I left before the end of the year I had to repay the net amount in July 2025.  My employer reduced my wages by the net amount correctly but did not reduce taxes paid. Is this the correct way to show the w2? Shouldn’t my employer reduced the taxes  also and will I be impacted if not correct? 

[MaryK4]

Can you clarify what you mean by "did not reduce taxes paid."?  Your employer is required to withhold according to a formula provided by the IRS, so when they paid you in January, it was based on the amount you were paid.  When they deducted the bonus in July, once again- the withholding was based on the amount you were paid.  Now you file your tax return and the withholding on your W2 will be applied to the tax you owe so you will owe or have a refund.  The amount of withholding on your W2 was the amount your prior company paid to the IRS.  

[user17710989220]

Thanks for your response. To better explain my question - I was paid a bonus in January and required to repay in July of the same year because I left early. I was required to repay the net amount of the bonus. As example I repaid 15000 of the 25000 bonus. My employer reduced my w2 wages by 15000, the net payment. No other boxes on the w2 were changed to reflect repayment. Is this correct? Or should I request my former employer correct the w2 to reduce wages by 25000 and taxes paid?