Form W-2

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Understanding Your W-2, Part 3

By | January 31st, 2011|Categories: Potpourri of Tax Topics|Tags: |

This third and final installment of my "Understanding Your W-2" series will look at Boxes 14-20 of Form W-2.  Box 14 (Other):  This box could report any number of items.  For same-sex couples in Iowa, this box will report the amount of income reported in Box 1 for including a same-sex partner on health insurance.  This [...]

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Understanding Your W-2, Part 2

By | January 27th, 2011|Categories: Potpourri of Tax Topics|Tags: |

This is part 2 of a series explaining the boxes that appear on your Form W-2. In Part 1, I looked at Boxes 1-8.  Now we'll start with Box 9: Box 9 (advance Earned Income Credit):  Certain taxpayers who qualify for the Earned Income Credit have been able to take the credit in advance on their [...]

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Understanding Your W-2, Part 1

By | January 27th, 2011|Categories: Potpourri of Tax Topics|Tags: |

If you haven't received your W-2 yet, you should be soon.  This is the first in a several-part series where I go line-by-line through a Form W-2, so you understand what you are looking at. Line 1 (wages, tips and other compensation):  This is the amount of your gross income that is reported on Line 7 [...]

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