topic Why was my bonus taxed but these taxes taken out did not show up on my W-2 in Get your taxes done using TurboTax

Why was my bonus taxed but these taxes taken out did not show up on my W-2

Ely31 — Sun, 26 Jan 2025 16:29:13 GMT

My bonus was $6185.85 and I was paid out $4351.74. This doesn’t reflect on my W2 but instead shows that I was paid my regular income plus the full bonus which reflects as $66,536.42. The bonus itself did show on a separate paystub when it came in. Am I going to have to pay taxes again on my bonus? And if so, where did the rest of my bonus which would be $1834.10 go then?

Re: Why was my bonus taxed but these taxes taken out did not show up on my W-2

xmasbaby0 — Sun, 26 Jan 2025 16:30:35 GMT

All of your gross wages including a bonus should be in box 1 of your W-2. If you think the W-2 is incorrect, then you need to ask the employer about it.

Re: Why was my bonus taxed but these taxes taken out did not show up on my W-2

VolvoGirl — Sun, 26 Jan 2025 16:43:43 GMT

Yes it should all be on the same W2. The federal tax withholding you had taken out is included in W2 box 2 with your regular withholding. The tax withholding may be less than the $1834.10 because some would be for SS & Medicare tax. Look at your paystubs. Ask your employer if you don't understand your W2.

You get a credit for all the box 2 withholding on 1040 line 25a.

Re: Why was my bonus taxed but these taxes taken out did not show up on my W-2

Ely31 — Sun, 26 Jan 2025 17:09:14 GMT

Thank you for responding so quickly , I’ll check it out. Hopefully they can make everything clear for me.