What are the codes for Box 14 on W-2?

Box 14 — Employers can use this W-2 box to report information like:

• A member of the clergy’s parsonage allowance and utilities.
• Charitable contributions made through payroll deduction.
• Educational assistance payments.
• Health insurance premiums deducted.
• Nontaxable income.
• State disability insurance taxes withheld.

Does Box 14 on W-2 need to be reported?

What do I enter? In most cases, the information that your employer lists in Box 14 of your W-2 does not affect your income tax return. In fact, for many Box 14 entries, the IRS does not even provide a place for it to get reported on your return forms.

What is Box 14 Code K?

K is for the pre-tax dental and vision insurance deduction amount. This is the amount you had withheld during the year to pay for your dental and vision coverage. It is a reporting number only on the W2 itself and not used in calculating taxable wages.

What are the codes for W-2 box 14?

P = Parking Fringe Benefits/Employer Provided Vehicle (Included in Box 1) R = Retirement Deductions (Civilian employees who have wages earned in Puerto Rico) S = FEHB Employee Deductions (Civilian employees who have wages earned in Puerto Rico) T = COLA (not included in Box 1 or 16) (Civilian employees who have wages earned in Puerto Rico)

Can you print box 14 on W-2c copy a?

Per the IRS Instructions for Forms W-2c and W-3c, you should not print Box 14 corrections on Copy A. “Use this box to correct items reported in box 14 of the original Form W-2 or on a prior Form W-2c. If possible, complete box 14 on Copies B, C, 1, and 2 of Form W-2c only, not on Copy A .”

Which is the control number on a W-2 form?

Box D: This is a control number that identifies your unique Form W-2 document in your employer’s records. This number is assigned by the company’s payroll processing software. Box E: This identifies your full name. If your name has changed, ask your company to update their records. Box F: This identifies your address, city, state and zip code.

What is the W-2 box for statutory employee?

Box 13 — If the “Retirement plan” box is checked, special limits can apply to the amount of traditional IRA contributions you can deduct. If the “Statutory Employee” box is checked, Box 1 will be carried to Schedule C line 1. Box 14 — Employers can use this W-2 box to report information such as: Railroad employers use this W-2 box to report:

https://www.youtube.com/watch?v=YJUnNoLaDHY