Taxable cost of group term life insurance over 50 000.
Box 12 letter q on w2.
It shows your total wages earned as well as the income and payroll taxes your employer withheld.
If you file on paper or create forms w 2 online you can include only four box 12 amounts per form w 2.
There are several types of compensation and benefits that can be reported in box 12 of form w 2.
Click wages and salaries to expand the section and then click wage income reported on w 2.
The following list explains the codes shown in box 12 of form w 2.
From within your taxact return online or desktop click on the federal tab on smaller devices click the menu icon in the upper left hand corner then select federal.
Form w 2 box 12 codes.
The code and the corresponding amount must go in box 12.
B uncollected medicare tax.
The w 2 you got from your employer will have four lines for box 12 labeled 12a 12b 12c and 12d.
If you need to report more than four you will need an additional form w 2.
Box 12 various form w 2 codes on box 12 that reflect different types of compensation or benefits.
Uncollected social security or rrta tax on tips.
C taxable costs of group term life insurance over.
These lowercase letters don t mean anything.
A uncollected social security or rrta tax on tips.
Box 12 this box lists a wide variety of important figures with codes next to them for identification.
An employer issues form w 2 to an employee and sends a copy to the irs.
B uncollected medicare tax on tips.
Box 12 is highlighted in the form w 2 below.
Code q is nontaxable combat pay.
Elective deferrals under a section 401 k cash or deferred arrangement plan including a simple 401 k arrangement e.
The w2 box 12 codes are.
Include this tax on form 1040 schedule 4 line 58.
Any amount on a box 12 line will also have an upper case capital letter code associated with it.
To enter military wages reported on a w 2.
But those aren t the only numbers on form w 2.
In taxact this is entered in box 12 of the w 2.
Your w 2 has four sections in box 12 labeled 12a 12b 12c and 12d.
The most frequently seen codes on military w 2s are aa d and q.
See the tip for box 12 codes under specific instructions for form w 2.
A uncollected social security or rrta tax on tips.
Include this tax on form 1040 schedule 4 line 58.
Since there are four parts of box 12 on form w 2 12a 12b 12c and 12d you can put up to four codes and amounts on the w 2.
Box 12 will report a single letter or double letter code followed by a dollar amount.
Box 11 shows the total amount distributed to you from your employer s non qualified taxable deferred compensation plan.
Uncollected medicare tax on tips but not additional medicare tax c.
You may need this information to complete your tax return.
Include this tax on form 1040.
