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clsmth31
New Member

What does PENS mean in box 14 of my W-2?

I was confused about this particular wording on my W-2 as I was filing it recently. Every time I would enter the $ amount in box 14, it would decrease my tax return by the amount entered. that reduction is my first question, but my second question is what does PENS mean.
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What does PENS mean in box 14 of my W-2?

Probably Pension.  But that shouldn't affect your refund.

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