lululime12
Level 3

Employees and payroll

Well, was on the phone for nearly an hour....3 different "experts". The last one i spoke to understood the issue of the simple IRA higher limit contribution not being included in box 12 of our W2 forms. We ended the call so she could investigate further. I then received an email that says "I tried to find more information for that IRA information not mapping to your W-2, and here is what I found. When the IRA is through the employer, it gets reported in that box. When it is an additional IRA, or through the employee, it does not get reported on the W-2 itself. I'm not sure if that is the case here, but that is the most conclusive information I could find." So, no solution at all and I guess not a true understanding of the problem/issue. Of course the IRA is through hte employer. There is no "additional ira". Just one IRA with the higher contribution limit for small employers. So frustrating! Incorrect W2s will be a big problem so this needs to be resolved. If anyone has success with this issue, please reply back on this thread to help us all.