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Level 2
posted Feb 1, 2024 10:25:20 AM

W2 & 1099-R

I retired from federal service (CSRS) on 12/31/2022.  I received both a W2 and a 1099-R for tax year 2023.  This seems unusual, if not odd. What am I not getting?

 

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2 Best answers
Level 15
Feb 1, 2024 12:46:31 PM

The W-2 might represent the payment to you of accrued personal leave.

Level 2
Feb 1, 2024 12:53:37 PM

It is probably your lump sum payout of Annual Leave along with your last paycheck.

8 Replies
Level 15
Feb 1, 2024 10:32:30 AM

Did you work at that job at all in 2023 and/or receive any paychecks in 2023 at all for the last pay period, perhaps?   If not--- you should call and ask why they sent a W-2.

Level 2
Feb 1, 2024 10:46:26 AM

No, last official day was 31 December 2022.  And naturally, my last paycheck was received days after the pay period closed which was in 2023.

Level 15
Feb 1, 2024 10:54:35 AM

Even if your last day of work was 12-31-22-----a paycheck issued in 2023 would explain the W-2.  Is the W-2 for the amount of that last check?

Level 2
Feb 1, 2024 10:58:11 AM

No, it is substantially more... near $40K

Level 15
Feb 1, 2024 11:43:12 AM

@jepa Eeeks.....call them and ask why they sent you a W-2!!!!!

Level 15
Feb 1, 2024 12:46:31 PM

The W-2 might represent the payment to you of accrued personal leave.

Level 2
Feb 1, 2024 12:53:37 PM

It is probably your lump sum payout of Annual Leave along with your last paycheck.

Level 2
Feb 7, 2024 8:14:33 AM

thanks TurboTax community, after receiving your responses I dug in.... and yes, that was my last paycheck plus my annual leave lump sum.

 

thanks again!