austin3515 Posted June 24, 2021 Report Share Posted June 24, 2021 Payroll company, which by definition is in the business of processing payroll, asked my client to confirm tax retporting for after-tax contibutions. To which I responded, "can you please have your payroll confirm who the HCE's are for 2021"? (kidding of course). My understanding is that as far tax reporting goes on W-2s and 941s, these deductions are no different than 401k loan payment. Am I correct? i think its one of those things where I can't find any articles on how to reprot it on w-2's and 941s because there is simply no requirement to do so... I'm trying to prove a negative is the other way to look at it. Any help appreciated! I did find this in the w-2 instructions: Reported in box 14, but not in box 12. • After-tax contributions that are not designated Roth contributions, such as voluntary contributions to a pension plan that are deducted from an employee's pay. And Box 14 is apparently just a "whatever you want it to be" box, nothing regulatory about it. Austin Powers, CPA, QPA, ERPA Link to comment Share on other sites More sharing options...
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