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Level 2
April 17, 2020
Question

schedule 2

  • April 17, 2020
  • 3 replies
  • 18 views

I have a tax of $803 on line 8 of the schedule 2.  It has a code of UT.  Why do I have it and were do I find the codes?  

    3 replies

    April 17, 2020

    Uncollected social security and
    Medicare or RRTA tax on tips or
    group-term life insurance. This tax
    should be shown in box 12 of Form W-2
    with codes A and B or M and N. Identify
    as “UT.”

    DGLWISAuthor
    Level 2
    April 17, 2020

    Hi and thank you for the information.  In box 12 I have codes C, D, DD only.  Does this make sense that these generated the UT code and the $803 tax?  

    DGLWISAuthor
    Level 2
    April 17, 2020

    How do I avoid it for next year?