KurtL1
Expert Alumni

Get your taxes done using TurboTax

Code D in Box 12a of your W-2 is indicating that the amount listed is what was withheld from your wages and deposited in 401(k) account.

 

A 401(k) plan is a company-sponsored retirement account that employees can contribute to, The employee contributions reduce their income taxes for the year they are made, but their withdrawals are taxed. 

 

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