Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is denoted by code of Wage Box 12?

Box code denoted Wage
0
Posted

What is denoted by code of Wage Box 12?

0

Code A Denotes Uncollected social security or RRTA tax on tips. Code B Denotes Uncollected Medicare tax on tips. Code C Denotes Taxable cost of group-term life insurance over $50,000. Code D Denotes Elective deferrals to a section 401(k) cash or deferred arrangement. Code E Denotes Elective deferrals under a section 403(b) salary reduction agreement. Code F Denotes Elective deferrals under a section 408(k)(6) salary reduction SEP. Code G Denotes Elective deferrals and employer contributions (including non elective deferrals) to any governmental or nongovernmental section 457(b) deferred compensation plan. Code H Denotes Elective deferrals to a section 501(c) (18) (D) tax-exempt organization plan. Code J Denotes Nontaxable sick pay. Code K Denotes 20% excise tax on excess golden parachute payments. Code L Denotes Substantiated employee business expense reimbursements. Code M denotes Uncollected social security or RRTA tax on taxable cost of group-term life insurance coverage over $50,00

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.