My W2 box 16 has a negative value. When I try to input that, TT requires that the value be 0 or more. How to fix or work around this bug?
You'll need to sign in or create an account to connect with an expert.
What are the amounts in box 1 and box 16?
Box 1 5943.61
Box 16 -30.35
With this entry, your employer is saying that you had negative 30.35 dollars of income in whatever state is in box 15.
This sounds like a mistaken calculation in the software that generated your W-2.
I suppose it is possible that this state has some adjustment that would reduce the apparent income to be less than zero. Since I don't know the state, I can't be sure, but I imagine that any calculation here that results in a number less then zero, should be set to zero.
Contact your employer and ask what this entry in box 16 is supposed to be, and then get a corrected W-2.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
dingoeatspotatoes
New Member
AJd4
Returning Member
monuma
Level 1
year10k
New Member
user17766276775
New Member