134078
You'll need to sign in or create an account to connect with an expert.
If you are certain that the only change from a reissued or corrected W-2 will be Box 12 DD information, then no, you don't need to wait for a new W-2 wage statement before you file your tax return, and no you won't need to refile (amend) your tax return later.
This conclusion is based on the fact that the letter code DD (in W-2 Box 12) is simply a reporting mechanism for the Affordable Care Act (also known as Obamacare) that tells the IRS how much your employer spent on health insurance coverage for you during the year. It doesn't actually affect your tax return in any way. And it also doesn't matter if you have more than one employer or more than one W-2 with Box 12 Code DD. The amount shown there is only for data gathering purposes (as of the 2016 tax year) under the provisions of the Affordable Care Act.
For some additional (brief) commentary, you can read TurboTax's position on W-2 Box 12 Code DD at the following Frequently Asked Questions link:
https://ttlc.intuit.com/questions/2413895-what-is-code-dd-in-box-12-of-my-w-2
If you are certain that the only change from a reissued or corrected W-2 will be Box 12 DD information, then no, you don't need to wait for a new W-2 wage statement before you file your tax return, and no you won't need to refile (amend) your tax return later.
This conclusion is based on the fact that the letter code DD (in W-2 Box 12) is simply a reporting mechanism for the Affordable Care Act (also known as Obamacare) that tells the IRS how much your employer spent on health insurance coverage for you during the year. It doesn't actually affect your tax return in any way. And it also doesn't matter if you have more than one employer or more than one W-2 with Box 12 Code DD. The amount shown there is only for data gathering purposes (as of the 2016 tax year) under the provisions of the Affordable Care Act.
For some additional (brief) commentary, you can read TurboTax's position on W-2 Box 12 Code DD at the following Frequently Asked Questions link:
https://ttlc.intuit.com/questions/2413895-what-is-code-dd-in-box-12-of-my-w-2
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
cuffeedonte
New Member
user17513306027
New Member
darianthemechanic
New Member
ljb322
Level 2
atanu
Level 1