topic Re: W2 in State tax filing

W2

ediehl50 — Mon, 11 Mar 2024 23:49:02 GMT

I also have a question regarding KS tax. I work both in Kansas and Missouri. My W2 shows total wages earned in Box 1. $47,000 from KS and MO and fed taxes withheld. But when I go down on the W2 to lines 15, 16 and 17.

Line 15.
KS 16. $15,612. 17. $573 ( Isn't this suppose to be taxed for Total amount earned in Box 1?}
MO. 16. $31,899 17. $900

I am having to pay in a bunch for KS taxes . did my employer just tax me on what I earned in KS?

Can someone tell me which way this should of been taxed and is the amount for Kansas tax withheld is wrong?

Re: W2

DavidD66 — Tue, 12 Mar 2024 00:07:53 GMT

To answer this question, I'm assuming that you are a resident of Kansas (KS). As a Kansas resident, all of your income is taxable by Kansas regardless of where it was earned. If you work in Missouri (MO) as a non-resident, the income you earn in MO is taxable by them. Since all of your income is taxable by Kansas, you will report 100% of it as taxable income on your Kansas resident tax return - $47,000. On your MO non-resident return, you will report $31,899 as income taxable by MO. To prevent you from being double taxed, KS will give you a credit for tax paid to MO. The credit will be the amount of KS tax on that amount, so it may be less than the amount you pay to MO, but it will not be more. So, the way your employer allocated your earnings is probably the best way to do it, assuming your KS tax on the income earned is MO is approximately the same or more than the actual MO tax you have to pay.

When completing your state tax returns, you should complete your non-resident MO return first and then your KS return. This will result in the KS credit for tax paid to other states being properly calculated.

Re: W2

ediehl50 — Tue, 12 Mar 2024 00:40:15 GMT

I am having to pay in KS tax about $400 even with credit from MO.. My employer only taxed what I earned in KS on the $15,612

Re: W2

DavidD66 — Tue, 12 Mar 2024 00:45:17 GMT

I recommend you monitor your tax withholding periodically throughout the year (at least quarterly) to make sure that your tax withholding is being done correctly.