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Which category do I select under Box 14 for the code "TAXAB?" The amount listed here reflect a Christmas cash gift. None of the options fit this definition.

 
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Which category do I select under Box 14 for the code "TAXAB?" The amount listed here reflect a Christmas cash gift. None of the options fit this definition.

Choose “other “

LenaH
Employee Tax Expert

Which category do I select under Box 14 for the code "TAXAB?" The amount listed here reflect a Christmas cash gift. None of the options fit this definition.

If the categories for a particular deduction in Box 14 is not listed as an option, then you can select the category labeled Other - not classified.

 

Generally, the Box 14 items of your W-2 are for informational purposes and would not affect your income tax return. Employers can put just about anything in box 14; it's a catch-all for items that don't have their own dedicated box on the W-2.

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