topic Re: Box 14 in After you file

Box 14

jelay25 — Thu, 28 Jan 2021 06:04:31 GMT

I just file my tax about an hour ago and I missed one line under Box 14 because the amount shown in my W2 is not being accepted by turbo tax saying it shouldn't be greater than certain amount which is $29. Is it gonna impact my refund or do I have to amend my tax after?

Re: Box 14

AmyC — Sat, 30 Jan 2021 03:27:12 GMT

Box 14 is usually informational but does relate to some state tax issues. Without knowing more, we are not able to verify what you will need to do. What was the income related to?

Re: Box 14

jelay25 — Sat, 30 Jan 2021 17:46:24 GMT

FLI. And it says on turbotax form it shouldn't be greater than 29. But on my w2 says 46 something. So I just left it blank. Is there gonna be a problem or will cause delay?

Re: Box 14

ToddL99 — Tue, 02 Feb 2021 18:05:04 GMT

No, it shouldn't cause a problem with filing or a delay - you can enter whatever limit the TurboTax program has identified as the maximum allowed. There are limits on how much employers can deduct for the types of taxes described in Box 14, but they won't affect your tax calculations.

Your employer has likely lumped 2 of the taxes (that apply to you) together on your W2. They are separate taxes with separate maximums, so you need to self-correct when you enter the W2.

This post describes the issue in additional detail, although the maximums were for another tax year (they are updated every year - But Turbotax tells me NJ SDI can't be greater than $67. What can I do?