If you're an employer, you must prepare one for each of your employees and provide copies to the cheese hunt mouse game Social Security Administration.
Code AA After-tax contributions to a Roth 401(k) retirement plan.
TaxSlayer has done the best it can to provide the most commonly used codes and descriptions for each item in Box.Hint You will have to read the instructions for Form 8889 and look at Form 8889 as well.Box 13: Three check boxes appear in Box.However, you will still need to report separately the sale of any stock options on Schedule D and Form 8949.All W-2s are now due by Jan.Box E : This identifies your full name. .Box B : This is your employer's unique tax identification number or EIN.You may encounter one or more of these common problems.This might be a 401(k) plan, a 403(b) plan, SEP-IRA, simple-IRA or another type of pension plan. .
Advance EIC payments were advance payments from an employer to an employee in anticipation of the employee being eligible for the earned income credit.
Box 20: Box 20 provides a brief description of the local, city or other state tax being paid.
The Social Security tax is assessed on wages up to 118,500 as of 2017. .The items in the list are ones that will get reported and can affect your return.Box 17: Box 17 reports the total amount of state income taxes withheld from your paychecks for the wages reported in Box.If your name has changed, ask your company to update their records.There may be multiple lines of information here if you worked for the same employer in multiple states.Form W-2 is the "Wage and Tax Statement." You'll find this in smaller print right beside the eye-catching "Form W-2" in big print.
Instructions For Box 12 On 2014.
Your ability to deduct contributions to a traditional IRA may be limited based on your income if you participate in a retirement plan, so check with an accountant or other tax professional if this box is checked.