WebForm W-2 Reference Guide for Box 12 Codes . Form W-2 Box 13 Retirement Plan Checkbox Decision Chart. Nonqualified Deferred Compensation Reporting Example … WebMay 31, 2024 · If you have another W-2 from this employer with an amount in Box 1, you could enter it with the Box 12a, Code W amount from the second W-2. If not, you could add $1 to Box 1 and add the W-2 with the Box 12a, Code W amount. OR, in the HSA interview, when TurboTax asks if your employer told you about any other HSA contributions …
What Do the Form W-2, Box 12 Codes Mean? - Wikiaccounting
WebMar 4, 2024 · On the W-2 form, box 12 has a number of sub-categories ranging from A to HH. Long story short, the W-2 box 12 codes provide more information and determine if the amount is income for income tax reporting. However, if any amount is gross income, it’s already included in W-2 Box 1. Each W-2 Form box 12 code is either a single or double … WebElective deferrals (codes D, E, F, and S) and designated Roth contributions (codes AA, BB, and EE) under all plans are generally limited to a total of $20,500 ($14,000 if you only have SIMPLE plans; $23,500 for section 403(b) plans if you qualify f or the 15-year rule explained in Pub. 571). Deferrals under code G are limited to $20,500. fastpitch discussion forum
What the Form W-2 Box 12 Codes Mean H&R Block
WebJan 31, 2024 · G: Contributions to your 457(b) plan; GG: Income from qualified equity grants under section 83(i) H: Contributions to your 501(c)(18)(D) plan; HH: Aggregate deferrals under section 83(i) J: Non-taxable sick pay; K: 20% excise tax on excess golden … WebJul 7, 2024 · The Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan on an employee’s Form W-2, Wage and Tax Statement, in Box 12, using Code DD. What does DD mean on W-2 Box 12a? Hello – Code DD in Box 12 is the cost that your employer paid for your Health Insurance. It is … WebJan 13, 2024 · The W-2 you got from your employer will have four lines for box 12—labeled 12a, 12b, 12c, and 12d. Any amount on a box 12 line will also have an uppercase … fastpitch dreams spring classic