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What does Box 12 code "w" on my w2 mean? And why am I losing money on both my state and federal return when I enter in the amount paid?
When I enter in just over $4,000 in box 12 code W, my federal return and state returns go down substantially (Federal decreases $1,570 and State decreases $204). Why do the refunds decrease?
Thanks for any help that you can provide.
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May 31, 2019
10:59 PM