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A taxpayer is placed on sick leave and receives a paycheck from a plan paid 50% by her employer and 50% by herself from post-tax
A taxpayer is placed on sick leave and receives a paycheck from a plan paid 50% by her employer and 50% by herself from post-tax funds. She receives $10,500 during the year while on sick leave. Assuming that, outside of this pay, she receives $32,500 for the remainder of the year; what is the amount of taxable wages that are going to be reported on her Form W-2? (Disregard any Box 12 amounts, deferrals, or other forms of income modification) 43000 37750 32500 10500
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