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Ely31
New Member

Why was my bonus taxed but these taxes taken out did not show up on my W-2

My bonus was $6185.85 and I was paid out $4351.74. This doesn’t reflect on my W2 but instead shows that I was paid my regular income plus the full bonus which reflects as $66,536.42. The bonus itself did show on a separate paystub when it came in. Am I going to have to pay taxes again on my bonus? And if so, where did the rest of my bonus which would  be $1834.10 go then?

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3 Replies

Why was my bonus taxed but these taxes taken out did not show up on my W-2

All of your gross wages including a bonus should be in box 1 of your W-2.  If you think the W-2 is incorrect, then you need to ask the employer about it.   

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Why was my bonus taxed but these taxes taken out did not show up on my W-2

Yes it should all be on the same W2.  The federal tax withholding you had taken out is included in W2 box 2 with your regular withholding.  The tax withholding may be less than the $1834.10 because some would be for SS & Medicare tax.  Look at your paystubs.    Ask your employer if you don't understand your W2.  

 

You get a credit for all the box 2 withholding on 1040 line 25a.  

Ely31
New Member

Why was my bonus taxed but these taxes taken out did not show up on my W-2

Thank you for responding so quickly , I’ll check it out. Hopefully they can make everything clear for me. 

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