WebI'm single-filing my taxes this year through an online platform. Per my W-2, the "Box 12a Code AA" amount is over $6,000. With the limit for Roth IRA contributions being $6,000 in 2024 (I'm under age 50), is this a problem? Can I fix this? Thanks in advance. Vote. WebJan 20, 2024 · How can I fix a code on box 12 of W2 in QBO enhanced payroll. Client marked plan as 401k (d on W2) when it was a simple plan (s on w2) Labels: QuickBooks Online; 0 Cheer Reply Join the conversation. 2 Comments 2. JenoP. Moderator January 21, 2024 03:54 AM. Mark as New; Bookmark; Subscribe; Permalink; Print; Report …
What do the letter codes in box 12 of my W-2 mean?
WebDec 2, 2024 · Here is the basic meaning of each code: Code A: Uncollected social security or RRTA tax on tips. Code B: Uncollected Medicare tax on tips, excluding additional Medicare tax. Code C: Taxable cost of group-term life insurance over $50,000. Code D: Elective deferral under a Section 401 (k) cash or arrangement plan. WebRI. New Jersey Family Leave Insurance is also included in this box. If you require other information to appear in this box, contact ADP. If the items included in Box 14 exceed the space limit, additional W-2s will print. Boxes 12a 12d: (abbreviated code descriptions). If the items included in Box 12 exceed the space limit, additional W-2s will ... bd mr tan
2016 W-2 Box 12 Descriptions - Grand Valley State …
WebThese figures can be found on their W-2 statement in Box 12a through 12d, items D, E, G, H, and S. Do not include item DD. Enter the sum of these items. Child support received: Check the box if your parent / parents received child support from a non-custodial parent. Then enter the amount received. WebJun 16, 2024 · Common mistakes During Form 5500 examinations, IRS agents found employers using incorrect codes in Box 12 of Form W-2, for example: code D for 401 (k) elective deferrals incorrectly included 403 (b), 457, or non-qualified amounts. code E for 403 (b) contributions but did not have a 403 (b) plan. WebJul 13, 2024 · If additional items are listed in box 12a-12d of Form W-2, click the list box and select the letter code that is listed on the left hand side of the box. ... About Form W … bd mp4k