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January 30, 2021
Question

Should my w2 box 12 amount be different than my 1099-r amount? And do I have to file both if it's from the same company?

  • January 30, 2021
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1 reply

ColeenD3
January 30, 2021

It's hard to say. They may have nothing to do with each other.

 

Box 12 of your W-2 should show the amount of money that was contributed into your retirement plan, such as a 401k. 

 

Your 1099-R shows how much was distributed to you.