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New Member
posted Jun 3, 2019 4:47:54 PM

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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1 Best answer
Expert Alumni
Jun 3, 2019 4:47:56 PM

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. 

1 Replies
Expert Alumni
Jun 3, 2019 4:47:56 PM

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.