AH.....................nothing like waiting til the last minute!!! ;)

Okay, I am using TaxAct Online to do my taxes, and in the process of filling out one of my wife's W-2 info, I come across this page:
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If XXXXXXXXXXXXX has an IRC Section 125 flexible benefit plan (also referred to as a flexible spending account) and Elizabeth made salary-reduction contributions in 2003, please enter the amount of those contributions below.

Flexible spending account contributions: ___________________

Generally, contributions to an employer sponsored dependent care reimbursement plan are reported in Box 10 of Form W-2. Contributions to a medical reimbursement plan are generally reported in Box 14 of Form W-2.
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Now, her W-2 has nothing filled in in box 10 or 14, but her W-2 (created by PayChex) comes with a "Employee W-2 Wage Summary 2003" form attached. This form includes a chart that shows voluntary payroll adjustments that she made. She made two, one is a reduction that they take out to cover my health insurance(S125MEECMP), and the second one is some weird medical thing (PXFSAEEMED) that she has tried to explain to me before, but it still makes no sense. The second one is a minimal amount, so it doesn't really bother me. These two reductions + her W-2 wages, tips, etc = what they refer to as "Regular Wages" on this form. These reductions and "regular wages" are not reported on her W-2 at all, just on this attached summary.

So, I guess my question is, do I need to report these reductions in the box above ^^^^^? It just seems weird to me because if she had just recieved a normal W-2 form without this summary, I wouldn't even know that these reductions had even been made, much less, the exact amounts.

Thanks For Any Help With This!!!!

On a side note: :fire: I don't want to give exact numbers, but let's just say that she works full-time and makes more than minimum wage ..................and her total Fed Tax Withheld = $357!!!!! :fire: Yep, I will be paying for that!!!!!

Robb,

I would use what is on the W-2 form. Look at the summary it may say whether it is sent to the IRS- my bet is no, just the form w-2 info is sent, not the summary.

It sounds like the employer is paying for the insurance and that counts towards the wages so its reported in the regular wage box- if you were to subtract it out, or add in the amount in box 10 as a subtraction the IRS will flag it as they match the W-2 to the return and may ask for more info- Ive never experienced it with a W-2, but have had a similar problem reporting the "correct" amount with 1099s- the IRS really doesnt care about the amount- but the fact that they may be differnet will trigger all sorts of letters and maybe even a trip to straighten it all out. After beating my head against the wall a few times, my rule is to report to the IRS on my return what was reported to the IRS by others on the W-2 s 1099s etc. If no amount in box 10 then I would NOT create an amount to report on my return from the summary.

357 dollars... ouch check her W-4 for this year.