WebJan 30, 2024 · This is the tax tracking type mae to track the cost of the coverage which will then report on employees' Forms W-2 in box 12, code DD. You can check this step-by-step guide to help you set up the payroll item for tacking: Health Coverage Reporting User Guide for QuickBooks. WebBox 12 — Various Form W-2 codes on box 12 reflect different types of compensation or benefits. This is one of the more complex W-2 boxes, with codes ranging from A to HH. Listing each code may lead to more searches. Gain more insight into W-2 box 12 codes.
W-2 Box 12 Codes - YOURPEOPLE, INC. - Zenefits
WebNov 21, 2024 · No headers. Lines a, b, c, and d of Box 12 on Form W-2 contain miscellaneous additional compensation and benefits, each identified with a letter code. List of Box 12 Codes. A and B: Uncollected social security and Medicare tax on tips. This amount represents the social security and Medicare tax on the tips you reported to your … WebForm W-2 - Employer Contributions to Your Health Savings Account (HSA) If you have an amount reported in box 12 of your W-2 (Code W) for employer contributions to your health savings account (including contributions through a cafeteria plan), then you will need to complete IRS Form 8889 Health Savings Account. To enter the W-2 box 12 amount: chick fil a peach street erie pa
2024 General Instructions for Forms W-2 and W-3 - IRS
WebJun 3, 2024 · Although the concept is simple, a W-2 has many different boxes and codes, and it is important that you understand what you are required to report in each field. What Is Box 12 on a W-2? Box 12 is a … WebMar 31, 2024 · W-2 Form: The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS) at the end of the year. The W-2 form … WebBox 12 is one of several columns in Form W-2 to record different types of information about the taxes and salaries of an employee. Box 12 is used to record the “other contributions” … chick-fil-a peachtree at collier