Webcorresponds to a similarly named or numbered box or area on federal Form W-2. Enter the amount, code, or description provided on your federal Form W-2 in the corresponding boxes in the W-2 Record. Enter only the information requested on Form IT-2. Complete additional Forms IT-2 if necessary. Multiple W-2 Records for one federal Form W-2 – If your WebJan 31, 2024 · Box 12 codes A: Uncollected social security or RRTA tax on tips reported to your employer AA: Designated Roth contributions under a section 401 (k) plan B: …
Form W-2 Reporting of Employer-Sponsored Health Coverage
WebSep 16, 2024 · If an employer could not collect all the Social Security tax, Medicare tax, or Railroad Retirement tax on either tips or the taxable cost of group term life insurance, the uncollected taxes will be shown in Box 12 of Form W-2 with codes A, B, M, or N as follows: Code A - Uncollected Social Security or RRTA tax on tips. WebBox 2 — Shows the total federal income tax withheld from your paycheck for the tax year. Include this amount on the federal income tax withheld line of your return (Form 1040, line 25a). Box 3 — Shows your employee wages subject to Social Security tax, which could be different from what’s reported on Box 1. pictures of row houses in chicago
Understanding Form W-2
WebDec 1, 2024 · If you need any assistance while filing Form W-2, our amazing, US-based TaxBandits support team is here to help. Give us a call Monday – Friday from 9 AM to 6 PM EST at 704.684.4751. You can also reach us via live chat and take advantage of our 24/7 email support at [email protected]. Tags: 2024 tax season, 2024 taxes, Box 12 … WebHow to complete Form W-2. Calendar year basis. Multiple forms. VOID. Box a—Employee's social security number. ITINs for aliens. Box b—Employer identification number (EIN). … WebJan 13, 2024 · W2 Box 12, Code DD: How Much your Employer-Sponsored Health Insurance Costs Last updated: January 13, 2024 G.E. Miller 26 Comments This article has been updated for the 2024 & 2024 tax years. Want to know what your employer is paying for your health insurance and find out if they (and consequently you) are paying too much? top internet security antivirus mac