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posted Apr 15, 2024 6:38:46 PM

Help - getting an msg on federal for New Jersey UI/WF/SWF cannot be greater than $176 but the amount in Box 14 in my w2 is $192.15 - What needs to be done. Thanks

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1 Replies
Level 10
Apr 20, 2024 5:43:23 PM

@badheka_neha  sorry you are having issues.

 For 2023, the maximum employee contributions were:

  • UI/WF/SWF — $174.68;
  • DI — $0;
  • FLI — $94.08.

If you had two or more employers and you contributed more than the maximum amount(s), you should complete Form NJ-2450  to claim a credit. If you had only one employer, you cannot file Form NJ-2450. If any single employer incorrectly withheld more than the maximum amount(s), you must contact that employer for a refund. If you are filing a joint return and both of you had excess contributions withheld, you must complete separate forms for each of you.

 

So to file, If only 1 mployer: change the W-2 to 174.68  and label it amended w-2 if only 1 employer and contact your employer to fix the issue and they will have to give you an amended w-2 and refund you.

 

If 2 employers then file NJ-2450 and just reduce the amount wh.