There are several reports available to balance and verify year to date totals to the box totals on form W2. These reports include:
- Federal wages are zero: checks for box 1 wages that equal zero
- FICA wages are over base: checks for box 3 wages greater than $168,600.00 for 2024.
- W2 Box 1 vs Box 16: checks for variances between federal and state reported wages
- W2 Box 4: verifies social security withholdings
- W2 Box 6 & Additional Medicare: verifies Medicare and Additional Medicare withholdings
To run these reports, go to My Info > My Reports > My Saved Reports and search saved as name like: W2 Audit