In this special report, When, why and how to correct 2022 Form W-2 errors, we address commonly asked questions and discuss how to address these common mistakes:

• Excess contributions to a Health Savings Account
• Excess contributions to a qualified retirement plan (e.g., 401(k))
• Excess contributions to a health flexible spending account
• Excess contributions to a dependent care assistance flexible spending account
• Missing or incorrect employee name or Social Security number
• Error in employee and/or employer name or address
• Incorrect reduction in federal income tax withholding in connection with a gross-up after the close of the tax year
• Incorrect Employer Identification Number or tax year
• Error in Additional Medicare Tax or federal income tax withholding
• Excess Social Security tax withheld

We also explain:

• Timing for correcting errors
• When small-dollar de minimis errors do not have to be corrected
• Penalties for filing late or incorrect Forms W-2
• Employer liability for tax preparation and other costs incurred by employees because of a Form W-2 C, Corrected Wage and Tax Statement
• Considerations when issuing a replacement Form W-2
• Other payroll tax returns affected by a Form W-2 C

For the Forms W-2 filing due dates, see our 2022 Payroll Year-end Checklist here.

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Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

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