Questions & Answers

What are the codes in W-2 (W2) Box 12?

The following list explains the codes shown in W-2 (W2) Box 12. If Box 12 on your W-2 is completely empty, don't enter anything in this field. If you have more than one item showing for Box 12 on your W-2, enter each item on a separate line.

A - Uncollected social security or RRTA tax on tips. You'll have an amount here if you had tips and your employer didn't withhold social security tax on the tips.

B - Uncollected Medicare tax on tips. You'll have an amount here if you had tips and your employer didn't withhold medicare tax on the tips.

C - Taxable cost of group term life insurance over $50,000--included in boxes 1, 3 (up to social security wage base), and 5 also. The amount here is for your information only.

D - Elective contributions to a section 401(k) cash or deferred retirement plan (Also includes deferrals under a SIMPLE retirement account that is part of a section 401(k) plan)

E - Elective deferrals under a section 403(b) retirement plan

F - Elective deferrals under a section 408(k)(6) SEP retirement plan

G - Elective deferrals and employer contributions (including non-elective deferrals) to a section 457(b) deferred compensation retirement plan

H - Elective deferrals to a section 501(c)(18)(D) tax-exempt organization retirement plan

J - Nontaxable sick pay (information only, not included in boxes 1, 3, or 5)

K - 20% excise tax on excess golden parachute payments

L - Employee business expense reimbursements (nontaxable and not included in Box 1). You can't deduct any of the expenses related to this reimbursement.

M - Uncollected social security or RRTA tax on taxable cost of group term life insurance over $50,000 (former employees only)

N - Uncollected Medicare tax on taxable cost of group term life insurance over $50,000 (former employees only)

P - Excludable moving expense reimbursements paid directly to employee (not included in boxes 1, 3, or 5)

Q - Nontaxable combat pay

R - Employer contributions to your Archer MSA

S - Employee salary reduction contributions under a section 408(p) SIMPLE (not included in box 1) retirement plan

T - Adoption benefits (not included in box 1) (You must complete Form 8839, Qualified Adoption Expenses, to compute any taxable and nontaxable amounts.)

V - Income from exercise of non-statutory stock option(s)--included in boxes 1 and 3 (up to social security wage base), and 5

W - Employer contributions to your Health Savings Account (Report on Form 8889, Health Savings Accounts (HSAs).)

Y - Deferrals under a section 409A non-qualified deferred compensation retirement plan

Z - Income under section 409A on a non-qualified deferred compensation retirement plan (This amount is also included in box 1. It is subject to an additional 20% tax plus interest.)

AA - Designated Roth contributions to a section 401(k) retirement plan.

BB - Designated Roth contributions under a section 403(b) salary reduction agreement retirement plan

DD - Cost of employer-sponsored health coverage (nontaxable).

EE - Designated Roth contributions under a governmental section 457(b) plan.

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