W2 errors

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  • mhcpa1964
    Member
    • Jul 2020
    • 81

    #1

    W2 errors

    Client's W2s are wrong and I could use some advice on ho to proceed. Employee contributions to their Roth 401k were listed as regular 401k contributions. The money was treated as pretax so that box 1 is smaller than boxes 3 & 5.

    Employer had the W2s corrected so that box 14 indicates Roth 401k code AA. BUT the money in box 1 is still pretax.

    Should the w2 be changed so that box 14 is congruent with the data in box 1? Can I just change the W2 back to the regular 471k code D? Should the w2s be corrected a 2nd time?

    Any tips and advice is appreciated.
  • Anarchrist
    Senior Member
    • Oct 2006
    • 353

    #2
    Can I just change the W2 back to the regular 471k code D? Should the w2s be corrected a 2nd time?
    How would you change the W2? If the W2 is incorrect, it should be corrected.

    "Taxation is the price we pay for failing to build a civilized society." ~ Mark Skousen

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    • mhcpa1964
      Member
      • Jul 2020
      • 81

      #3
      Thanks Anarchrist. The client is correcting them a 2nd time.

      Comment

      • Burke
        Senior Member
        • Jan 2008
        • 7068

        #4
        That was a good catch. What if the TP had not told you he made ROTH contributions? Was it ALL Roth?

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