WebYou must report all employer contributions (including an employee's contributions through a cafeteria plan) to an HSA in box 12 of Form W-2 with code W. Employer contributions to an HSA that are not excludable from the income of the employee also must be reported in boxes 1, 3, and 5. (Use box 14 if railroad retirement taxes apply.) WebPayments to tax-deferred pension and retirement savings plans: Check this box if your parent / parents paid towards their tax deferred pension and/or retirement savings plan from their income. These figures can be found on their W-2 statement in Box 12a through 12d, items D, E, G, H, and S. Do not include item DD. Enter the sum of these items.
What do the letter codes in box 12 of my W-2 mean?
WebLine 12a also has a use if you're rolling over money from one retirement account to another. Line 12a reports the total amount of the distribution and line 12b reports the taxable portion, if any ... Web30 rows · Jun 14, 2024 · Form W-2 Box 12 codes: instructions The code … fireshield inc gig harbor wa
General Instructions for Forms W-2 and …
WebThe following list explains the codes shown in Box 12 of Form W-2. You may need this information to complete the tax return. A. Uncollected social security or RRTA tax on tips. … WebFeb 4, 2015 · Here are the most common items reported in Box 12, identified by alphabetical code -. C – Employers can provide employees with up to $50,000 in group … WebBox 12a—Deferred compensation. Enter the total of all amounts reported with codes D through H, S, Y, AA, BB, and EE in box 12 on Forms W-2. Do not enter a code. Enter the total of all amounts reported with codes D through H, S, Y, AA, BB, and EE in box 12 on Forms W-2. Do not enter a code. fire shield for chrome safe