Archived Nothing in Box 2 on W-2?

[HLN13]

This is my first year doing taxes since working for spot and as I entered my W-2, I noticed there was nothing listed under box 2 (Federal withholding) and after processing the W-2 into the system my taxes shot up from a $170 federal refund at my other job to $397 owed? Does anyone know if this could be a misprint? Or does spot just not with hold? Very confused, thanks.

 

[TTGOz]

This is my first year doing taxes since working for spot and as I entered my W-2, I noticed there was nothing listed under box 2 (Federal withholding) and after processing the W-2 into the system my taxes shot up from a $170 federal refund at my other job to $397 owed? Does anyone know if this could be a misprint? Or does spot just not with hold? Very confused, thanks.

hmm... are you missing the Box 2 With holding from your previous job or from Target's W-2? First thoughts are I'd check to see what you filed your W-4s as, but I'm not a tax expert, hopefully there is one.

 

[HLN13]

hmm... are you missing the Box 2 With holding from your previous job or from Target's W-2? First thoughts are I'd check to see what you filed your W-4s as, but I'm not a tax expert, hopefully there is one.

Lol, I guess I'm an idiot and claimed exempt for some reason. That's what happens when you fill out your W-4 right after turning 16 and have no idea what you're doing 😛

 

[buliSBI]

Double check your year end numbers on your last 2017 pay stub.

 

[HLN13]

Double check your year end numbers on your last 2017 pay stub.

Yeah, it was $0.00. Checked my W-4 and it said exempt for some reason.

 

[TTGOz]

well, let's just be glad that's not a mistake worth auditing over and fining you hundreds of dollars for + what you owe lmao.

pretty sure the IRS would do that if they really cared, glad we got that figured out though. Hopefully you re-file your W-4s, probably talk to an HRTM about it.

 

[HLN13]

well, let's just be glad that's not a mistake worth auditing over and fining you hundreds of dollars for + what you owe lmao.

pretty sure the IRS would do that if they really cared, glad we got that figured out though. Hopefully you re-file your W-4s, probably talk to an HRTM about it.

Yeah it said it was like $397 or something. I went on paperless employee and updated them, so I think I should be okay

 

[Ringwraith917]

I did this once. It hurt to have to send that money in, instead of getting a refund

 

[HLN13]

I did this once. It hurt to have to send that money in, instead of getting a refund

Me exactly! I had some fun stuff I wanted to buy with my tax refund money and now I have to pay like $300.. oh well lol

 

[SFSFun]

Me exactly! I had some fun stuff I wanted to buy with my tax refund money and now I have to pay like $300.. oh well lol

Well at least you got to enjoy bigger paychecks last year.

 

[Marvin Martian]

My hubby and I own rental properties and 9 times out of 10 we owe every year.

 

[HLN13]

Well at least you got to enjoy bigger paychecks last year.

True, but it would have been nice if I knew I put exempt so I could plan for having to pay all this now

 

[IWishIKnew]

I took my chances and actually claimed the number of exemptions I "should" have because I'm at 1 exemption at my day job and usually end up overpaying, anyway. I don't think my tax liability from Target will be that high, but will be adjusting it for this year once we get our taxes done and have a better idea how to manage that. I'll probably just go for max withholding on both, though, but we'll see.