| W2 Box 12 Codes |
Description |
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Code A
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Enter the code "A" to show the uncollected social security or RRTA (Railroad Retirement Tax Act) tax on tips. Do not include this amount in box 4.
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Code B
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Enter the code "B" to show the uncollected Medicare tax on tips. Do not show any uncollected Additional Medicare Tax. Do not include this amount in box 6.
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Code C
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Taxable cost of group-term life insurance over $50,000
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Code D
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Enter the code "D" to show the elective deferrals under a section 401(k) cash or deferred arrangement (plan).
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Code E
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Enter the code "E" to show the elective deferrals under section 403(b) salary reduction agreement.
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Code F
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Enter the code "F" to show the elective deferrals under section 408(k) (6) salary reduction Simplified Employee Pension plan (SEP).
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Code G
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Enter the code "G" to show the elective deferrals and employer contributions (including non-elective deferrals) to any governmental or nongovernmental section 457(b) deferred compensation plan.
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Code H
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Enter the code "H" to show the elective deferrals under section 501(c) (18)(D) tax-exempt organization plan.
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Code J
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Enter the code “J” to show the non-taxable sick pay.
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Code K
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Enter the code “K” to show the 20% excise tax on excess golden parachute payments.
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Code L
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Substantiated employee business expense reimbursements.
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Code M
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Enter the code "M" to show the uncollected social security or RRTA tax on the taxable cost of group-term life insurance over $50,000 (for former employees).
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Code N
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Enter the code "N" to show the uncollected Medicare tax on the taxable cost of group-term life insurance over $50,000 (for former employees).
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Code P
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Enter the code “P” to show the excludable moving expense reimbursements paid directly to a member of the U.S. Armed Forces.
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Code Q
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Nontaxable combat pay (only for military personnel).
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Code R
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Enter the code “R” to show the employer contributions to an Archer MSA.
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Code S
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Enter the code “S” to show the employee salary reduction contributions under a section 408(p) SIMPLE plan.
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Code T
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Enter the code “T” to show the adoption benefits.
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Code V
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Enter the code “V” to show the Income from the nonstatutory stock option(s) exercise. Include this amount in boxes 1, 3 (up to the social security wage base), and 5.
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Code W
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Enter the code “W” to show the Employer contributions to a health savings account (HSA).
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Code Y
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Enter the code “Y” to show the deferrals under section 409A on a nonqualified deferred compensation plan.
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Code Z
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Enter the code “Z” to show the income under a nonqualified deferred compensation plan that fails to satisfy section 409A.
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Code AA
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Enter the code "AA" to show the designated Roth contributions under a section 401(k) plan.
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Code BB
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Enter the code "BB" to show the Designated Roth contributions under a section 403(b) plan.
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Code DD
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Enter the code "DD" to show the cost of employer-sponsored health coverage.
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Code EE
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Enter the code “EE” to show the designated Roth contributions under a governmental section 457(b) plan.
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Code FF
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Enter the code “FF” to show the permitted benefits under a qualified small employer health reimbursement arrangement(QSEHRA). The maximum reimbursement for an eligible employee for 2024 is $6,150 and $12,450 for families.
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Code GG
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Enter the code “GG” to show the Income from qualified equity grants under section 83(i).
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Code HH
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Enter the code “HH” to show the aggregate deferrals under section 83(i) elections as of the close of the calendar year.
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Code II
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Enter the code "II" to display the amount of Medicaid waiver payments excluded from gross income under Notice 2014-7.
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