MonikaK1
Employee Tax Expert

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Codes TP and TT for W-2 box 12 are for tips and overtime, and appear in the IRS instructions for Form W-2 for 2026, but not for 2025.  If your employer used codes that are not available for 2025, you can simply skip entering those two codes in your W-2. 

 

I'm not aware of any upcoming changes to the program for this issue.

 

If your tips are not in the correct boxes on Form W-2, you can enter the information for Tips and Overtime where prompted in the follow-up screens that appear after you finish entering the W-2. If tips are already reported in Box 7, the follow-up screens will ask questions to determine whether you qualify for the deduction for tips.

 

If you have other box 12 capital letter codes and amounts, select + Add another box 12 item to enter all of the ones on your W-2" if needed.

 

Check with your employer if you are not sure of the amounts to report for tips and overtime.


 

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