How do I enter a W-2 GU

Forum|Forum|5 years ago
April 23, 2021
1 reply
22 views

Is a W-2 GU entered as a W-2? Is it other income?

There is a reconciliation form 5074 that the software does not support. I'm assuming I just do this as an attachment for information purposes only?

The Phone support was worthless.

Any CORRECT guidance would be greatly appreciated.

Lacerte Tax

This topic has been closed for replies.

George4Tacks

Level 15

Is this the only income?

https://www.everycrsreport.com/reports/RL32708.html#:~:text=Typically%2C%20the%20United%20States%20taxes,income%20whose%20source%20is%20within

Have you looked at the instructions for the 5074?

https://www.irs.gov/pub/irs-access/f5074_accessible.pdf

Answers are easy. Questions are hard!

G

gb0248Author

Level 3

My issue is Not manually completing an unsupported form by inputting 2 line items and attaching it to the program to reconcile wages.

My client has 160,000 in Federal wages between 3 W-2's one of which is a W-2 GU.

He has wages paid to Guam

He has Income Tax Withheld to Guam

He has Social Security and Medicare Withheld

I am ASSUMING I enter this as a normal W-2 would be entered and that is is the question I am asking.

The worthless 800 number cannot even give a yes or no answer on this.

Guam has its own tax return also not supported by Lacerte, and because of COVID is not even available on their department of revenue website. They tell you with all questions contact the US IRS.

I ASSUME the social security and medicare were remitted to the US and his contributions will constitute an overpayment which would only happen if my ASSUMPTION that I enter this as a normal W-2 is in fact correct.

N

nenaccountants

Level 3

I have this same situation, was there a resolution?

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