W2 Instructions Box 12 Math

Form w 2 box 12 codes.

W2 instructions box 12 math. 1099 forms form 1099. Any uncollected medicare tax. Any amount on a box 12 line will also have an upper case capital letter code associated with it. For employees recipients online access portal 704 684 4751.

For example you can include every type of box 12 amount in one employee wage record if you upload an electronic file. If you file on paper or create forms w 2 online you can include only four box 12 amounts per form w 2. 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. Any uncollected social security tax or railroad retirement tax act rrta tax on tips.

The w2 box 12 codes are. Get clear instructions on each box of form w 2. B uncollected medicare tax on tips. A uncollected social security or rrta tax on tips.

Include this tax on form 1040 schedule 4 line 58. Be sure to select the correct items for box 13 as indicated on forms w 2. Include this amount in your total tax liability on schedule 2 which you file with your form 1040. See the tip for box 12 codes under specific instructions for form w 2.

See the example a bit further down to see what it would look like in the turbotax cd. If there aren t any capital letter codes in box 12 skip it and move on to box 13 in each box 12 line simply select the capital letter code from the drop down list and enter the corresponding amount. Here are the different codes for box 12 and what each one refers to. This line by line guide will simplify filing your form w 2 with the ssa.

If there is an a in your box 12 on the w2 this means that you have some social security and rrta taxes on your tips that haven t been collected yet. Payroll forms form 941 with covid 19 changes form 941 schedule r form 941 pr form 941 ss form 940 form 940 schedule r form 940 pr form 943 form 944 form 945 form 7200.