I found a significant bug in the Turbo Tax Deluxe software for PC. After inputting my W2 from a PDF document, Turbo Tax combined the W2 box 12 and Box 14 into Box 12 (all codes and amounts from Box 14 were added to Box 12). The codes have different meanings in Box 14 than in box 12 and as a result I was charged an additional $740 taxes on my return. In my case box 14 code K represents funds paid into a federal vision insurance plan. However code K in box 12 represents a Golden parachute fund that gets added to your taxes owed. I hope Turbo Tax can identify this bug and warn others so they do not unknowingly get charged extra federal taxes.
