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Get your taxes done using TurboTax
14K is the pre-tax amount withheld for dental and vision insurance. TurboTax entered "K" in box 12 which calculates the 20% golden parachute (Golden parachutes are lucrative severance packages inked into the contracts of top executives) tax. I also sent an amendment to IRS because I noticed it also on my 2022 tax form so I should be receiving a refund with interest. @DawnC Thank you for the advice.
March 1, 2025
10:17 AM