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What the Form W|2 Box 12 Codes Mean


how to read your W-2 - AccuPay

▷ CODE W – Box 12, Code W, reports the amount of HSA contributions paid by your employer PLUS the amount of pre-tax HSA contributions paid by the employee ...

Need to know what the W-2 boxes mean? We can help! | Fingercheck

The paystub shows two amounts: the current paycheck and YTD. Federal Taxes. The W-4 form helps employees determine how much federal tax withholding will be ...

STATE OF RHODE ISLAND PAYROLL DEPARTMENT

Information on the 2015 W-2 covers any payments made to you during the. State's payroll pay dates of 01/02/2015 to 12/31/2015 (27 pay periods). Box Explanations ...

Issuing W-2 forms for IMRF members

f Employee's address and ZIP code. 9 Advance EIC payment. 10 Dependent care benefits. 11 Nonqualified plans. 12a See instructions for box 12. 13. Retirement.

What Is a W-2? How to Read the Form - CNBC

Boxes A to F show identifying information about you and your employer. Boxes 1 and 2 show the total taxable income your employer paid you and how much was ...

How to report employer-sponsored health benefits on Form W-2

Benefit type. Box 12 reporting requirements ; Major medical/group health insurance plan. Report in Box 12 with Code DD ; Group dental plan.

Decoding your W-2 - Don't Mess With Taxes

On the IRS form, they are shown as boxes and on substitute W-2s usually still called boxes even if they technically are just lines on a printed ...

Box 14 on W-2 Forms: A Guide for Employers - Indeed

W-2 form box 14 codes · IRC414H for pension contributions: This denotes payroll deductions covered under IRS Code Section 414 for pension ...

Explaining Your W-2 Form - Complete Payroll

Box 1: Wages, tips, other compensation. Reports your total taxable wages or salary for federal income tax purposes. This figure includes your wages, salary, ...

Hey, What's That Number in Box 12 on My W-2 Form? - TLNT

Luckily, the value of the employer contribution towards group health care coverage continues to be non-taxable (at least for now) and is meant ...

What is W-2 form and How to Read It: Wage and Tax Statement

The most cryptic part of the W-2 form, Box 12 contains various codes that represent different types of compensation and benefits. Each code ...

Ask The Taxgirl: Corrected W-2

In this case, if the “DD” amount at box 12 is the only correction, the good news is that it won't change your tax picture. The numbers labeled “ ...

W-2 (Wage and Tax Statement) - UNC Finance

What is the amount reported with the letter “DD” in Box 12 of my W-2 Form? Code “DD” indicates the total cost of your employer-sponsored health plan. This ...

IRS Issues Proposed Revenue Procedure on Calculating W-2 Wages

(B) For purposes of section 5.03(B), only the portion of the total amounts reported in Box 12, Codes D, E, F, G, and S on Forms W-2, that are actually deferred ...

What's a W-2? Wage and Tax Statement Explained - Paylocity

Form W-2 reports the annual wages paid to an employee and the taxes withheld from those wages · The form also reports voluntary deductions, like ...

How Do I Read and Understand My W-2? - EZ Tax Return

A W-2 is a tax form used to report employee wages and taxes withheld for the year. You can expect to receive a W-2 if you earned at least $600 or had taxes ...

UNDERSTANDING YOUR W-2 FORM The Form W-2 Wage and Tax ...

... codes offered to be used in Box 12. We have chosen to list only a few (for a conclusive list please visit the IRS website noted above). Box 12 Codes: • Code E:.

Understand the W-2 in 10 minutes or Less - Greenshades

Third-party sick pay - This box is checked only if the employer is a third-party sick pay payer filing a Form W-2 for an insured's employee or ...

What are the codes in Box 12 of W2? - Support

There are 29 codes that can be reported in Box 12 of Form W-2. And, these codes are to indicate the compensation and benefits offered to an ...

Handy Guide to the 2023 Form W-2 - PayMaster

Box 12 Codes and Explanations · Code A – Uncollected Social Security or RRTA tax on tips. · Code B – Uncollected Medicare tax on tips. · Code C – ...