Autor: Helene Schibel

The worker also made a designated Roth contribution to the plan of $1,000, and made a voluntary (non-Roth) after-tax contribution of $600. In addition, the employer, on A's behalf, made…

If the surplus payments are thought-about to be wages, report the 20% excise tax withheld as earnings tax withheld in field 2. Employers are liable for ensuring that Forms W-2…