Are there expenses on the W2?

Answer 1

Well not really....it really reports income and withheld/payments made from the employer, and some of the ways it may have been applied on your behalf. So it reports the "expense" of FICA, or the expense of certain medical insurance contributions or Retirement plan contributions and such... If you mean are your expense reimbursements included on the W-2: If they are done under a formal "accountable" plan (requiring a fair amount of set up and oversight by your employer)..NO. But, if not done by that method, expense reimbursement, like any money received from your employer, is included as taxable income.