Deductions & credits

David -

 

That is incredibly helpful information.  Thank you.

 

Here's the thing.  I let TurboTax autofill my wife's W-2 from the federal government.  The autofill miscoded several entries into box 14.  From your explanation, I can see why this happened.  Box 14 on her actual W-2 includes the codes K, V, and Y, which are the codes you listed in Box 12.  But the government has attached those codes in box 14 to the items I listed in my original post.

 

Does that make sense?  Regardless, if we had not been suspicious about why we had a tax burden this year instead of a refund, all things being mostly equal to last year, we would have ended up paying quite a bit.  Even then, we had to drill down deep into our returns and compare with last year's to figure out the coding error.

 

I've made a note to go back to entering W-2's by hand.  I just think this is worth correcting.  Others might end up paying when they don't need to.

 

Penn