Find Your W-2 Online. Enter Your Employer's EIN & Follow the Steps to Import Your W-2. Import Your W-2 With TurboTax® And Save Time And Ensure Accuracy. File Today!
- TurboTax® Full Service
Have An Expert Handle Your Taxes
From Start To Finish
- Free Tax Refund Estimate
Use Our Tax Calculator To Find Out
How Much You'll Get Back This Year.
- Tax Document Checklist
Find Out Exactly Which Forms You
Need To Finish Your Taxes
- Import Last Year's Data
Quickly Import Last Year's Returns.
Get a Jumpstart On Your Taxes!
- File Anytime, Anywhere
With AI-Powered Intuit Assist, Get
Personalized Answers To Your ...
- Your Taxes Made Simple
Our Easy, Step-By-Step Process
Takes The Guesswork Out Of ...
- TurboTax® Full Service
Search results
Box 3 labeled as “Social Security,” shows the cumulative wages on which you’ve paid Social Security taxes. This amount may differ from your total income in Box 1. Box 4: Social Security Tax Withheld. It reveals the exact amount of Social Security taxes withheld throughout the year. Box 5: Medicare Wages and Tips.
5 days ago · Form W-2 Box 12 codes: instructions. The code and the corresponding amount must go in Box 12. Since there are four parts of Box 12 on Form W-2 (12a, 12b, 12c, and 12d), you can put up to four codes and amounts on the W-2. If you need to report more than four, you will need an additional Form W-2.
CodeExplanationAUncollected Social Security or RRTA tax ...BUncollected Medicare tax or RRTA tax on ...CTaxable cost of group-term life insurance ...DElective deferrals under a section 401 ...- What Do W-2 Box Codes Show?
- W-2 Boxes Explained, Box by Box
- More Help with Form W-2 Codes
The W-2 boxes and W-2 codes show the taxable wages, you’ve earned and any taxes paid through withholding. Employers submit Form W-4 to the Internal Revenue Service to report information such as marital status, number of dependents, and tax exemptions; while Form W-2 are distributed at the end of every tax year to report an employees’ income and wag...
When viewing your W-2, you could easily get overwhelmed with the number of W-2 boxes – there are more than 14 of them! So, let’s get into the details… Here are the W-2 boxes explained: 1. Box 1 — Shows your employee wages, tips, prizes, and other compensation for the year. You should include this amount on the wages line of your return. If you have...
Completing income tax forms can be tricky. And while information like that found in W-2 boxes seem simple to complete at first, Form W-2 codes could be hard to interpret on your own. Let H&R Block help. View H&R Block’s tax filing optionsto fit with your unique tax situation. Whether you make an appointment with one of our knowledgeable tax pros or...
Mar 29, 2024 · What Exactly is Box 12 on a W-2 Form? Box 12 on the Form W-2 serves as a critical information hub, detailing various special compensations and deductions. It's not just about your base salary; Box 12 includes things like employer contributions to a retirement plan, or even amounts under non-taxable income categories.
It’s important to understand the instructions for box 12 on the IRS form W-2 whether you are doing taxes yourself or getting help from a tax pro. The W-2 box 12 codes are: A – Uncollected Social Security tax or Railroad Retirement Tax Act (RRTA) tax on tips.
Think of a W-2 form as an annual report card from your employer, only this one's for the IRS. In our upcoming lesson, we'll deep-dive into what this form is really about, why it's essential, and how to make sense of it.
People also ask
What is a box 4 on a W2?
What is W2 box 12?
How many codes can you put on a W2?
What do W2 box codes show?
Feb 1, 2022 · Box 2: Federal Income Tax Withheld. This is the total amount you paid to the FEDERAL government in taxes. Box 3: Social Security Wages. This number is calculated using your GROSS pay from your last paycheck of the year minus pretax deductions EXCEPT for any retirement 401 (k) contributions.
