topic W2 with less than $1 in Get your taxes done using TurboTax

W2 with less than $1

srj411 — Wed, 11 Feb 2026 07:45:06 GMT

I have a W2 with $.24 in box 1, there is no income tax withheld in box 2. Do I need to report this W-2?

Other similar questions are getting conflicting answers.

Re: W2 with less than $1

VolvoGirl — Mon, 15 Apr 2024 05:13:07 GMT

Anything in any other boxes? Just ignore it. Why did you get a W2 for 24 cents?

Re: W2 with less than $1

srj411 — Mon, 15 Apr 2024 05:36:18 GMT

It's for a job I worked for a small time. 3, 5, 4, and 16 have information.

Re: W2 with less than $1

VolvoGirl — Mon, 15 Apr 2024 05:20:56 GMT

You first said there is no income tax withheld in box 2. Yes you need to enter box 10. I don't know how you should enter it all or how it works with zero income for box 1.

Re: W2 with less than $1

srj411 — Mon, 15 Apr 2024 05:32:32 GMT

Sorry I miss typed box 10. I meant 16. The values in all these boxes are less then $1.