See Instructions For Box 12 Math
For box 12 but there are no instructions on my w2.
See instructions for box 12 math. Include this amount in your total tax liability on schedule 2 which you file with your form 1040. If there are more than 4 items in box 12 enter the items that impact the tax return code d e g p q t w aa bb ee. On my w 2 it only says see instructions for box 12. What do i enter here.
On your w 2 you have boxes 12a 12b 12c and 12d all of whom are generically referred to as box 12. If you file on paper or create forms w 2 online you can include only four box 12 amounts per form w 2. Any uncollected medicare tax. Pages 1 this preview shows page 1 out of 1 page.
12 see instructions for box 12 statutory employee retirement plan third party sick pay d. See the tip for box 12 codes under specific instructions for form w 2. Control number form wage and tax 15 state 15 state c. See instructions for box 12 form w 2 wage and tax.
Under box 12a all it says is see inst. Be sure to select the correct items for box 13. For each pair of one or two letter codes and dollar amount in boxes 12a 12d enter this pair in the row when you are your w 2 information in turbotax for example d and 1 000. Any uncollected social security tax or railroad retirement tax act rrta tax on tips.
School baker college auburn hills. Form w 2 box 12 codes. Form w 2 instructions continued form w 2 reference guide for common box 12 codes for box 12 and 14 choose the code from the drop down menu and enter the dollar amount. A 401 k contribution etc.
For example you can include every type of box 12 amount in one employee wage record if you upload an electronic file. At the start there is only one row for box 12 in. These are the uppercase codes you might see in box 12 of your w 2 as well as what each of them means. You will notice that boxes 1 3 and 5 are either all exactly the same or if not you will find the difference in the amount in box 12 these are deductions that are not included in taxable income ie.
See the example a bit further down to see what it would look like in the turbotax cd download software. Control number 8 allocated tips 10 dependent care benefits 14 see instructions for box 14 3 social security wages 4 social security tax withheld d. If your w 2 has nothing in box 12 then in the program leave box 12 completely empty. Don t confuse the lower case box 12 letter for example the a in box 12a with the capital letters in the drop down list.
Course title acc 1310. Lastly i love that when playing the box method game students do so much mental math. And if 12a is. See instructions for box 12 form w 2 wage and tax statement visit the irs.
Employer s name address and zip code 1 wages tips and other compensation 7 social security tips 9 5. See instructions for box 12. If you have nothing in box 12 you don t need to be concerned about it. Depending on the cards they have in their hands each round they are constantly analyzing the multiplication problem 2 x 245 for example to figure out how many thousands hundreds tens and ones the product will have.