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Level 1
posted Apr 14, 2024 10:03:35 PM

W2 with less than $1

I have a W2 with $.24 in box 1, there is no income tax withheld in box 2. Do I need to report this W-2?

 

Other similar questions are getting conflicting answers.

0 4 1594
4 Replies
Level 15
Apr 14, 2024 10:13:07 PM

Anything in any other boxes?   Just ignore it.  Why did you get a W2 for 24 cents?

Level 1
Apr 14, 2024 10:15:30 PM

It's for a job I worked for a small time. 3, 5, 4, and 16 have information.

Level 15
Apr 14, 2024 10:20:56 PM

You first said there is no income tax withheld in box 2.  Yes you need to enter box 10.  I don't know how you should enter it all or how it works with zero income for box 1.

Level 1
Apr 14, 2024 10:32:32 PM

Sorry I miss typed box 10. I meant 16. The values in all these boxes are less then $1.