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LenaH · ‎March 10, 2025

The IRC 125 is the amount of your cafeteria plan(s) that may be shown in Box14 of your W-2. They are pre-tax payroll deductions for certain medical and dependent care expenses. Please go back to you W-2 and enter the amount of your IRC 125. If you do not have NYC flexible benefits allocable to NYS, then you should enter $0. If you pay for health insurance premiums with pre-tax dollars, then you should enter the amount shown on your W-2.

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