Received a W2 from a former employer for a class action lawsuit.
One of the W2s had the income reported along with withholdings for for Fed/State/SS taxes. It came with a note that CA SDI has to be reported under the employers TIN not the class action settlement fund TIN, so there's a second W2 with no income reported, only a small withholding for CA SDI.
When I input the W2 with the CA SDI (box 14) I got an error message that i cannot e-file with the wages box at a "Zero".
Do I really need to paper file this return or can I delete the extra W2?
No, you can just add the Box 14 amount to the other W2, then you should be able to efile your return.
I have the same situation. One W2 has only number in box 14 saying CASDI $0.01, only 1 cent, and the other W2 has number greater than $1 in box 1.
What should I do? Should I ignore the W2 that has only 1 cent in box 14?
Or how can add the Box 14 amount to the other W2 as you said?
To add the $0.01 in Box 14 on the related W-2, inside TurboTax, in the search box in the top right corner, enter w2 and select the Jump to link in the search results.
Scroll to the W-2 to change. And select Review and Review.
Continue through the prompts until you see the income reported in Box 1. Scroll down to find Box 14 and make your entry. Type in CASDI and the amount.
For more information, see: How do I import or enter my W-2?