Why is my Box 1 wages, tips, comp) amount lower this year on my W-2 even though I made more this year than last year?

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Why is my Box 1 wages, tips, comp) amount lower this year on my W-2 even though I made more this year than last year?

Box 1 of your Form W-2 may be lower this year even though you made more money than last year because you deferred more income into your Employer-Sponsored Retirement Plan or Flexible Savings Plan.

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Why is my Box 1 wages, tips, comp) amount lower this year on my W-2 even though I made more this year than last year?

Box 1 of your Form W-2 may be lower this year even though you made more money than last year because you deferred more income into your Employer-Sponsored Retirement Plan or Flexible Savings Plan.

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