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Deductions & credits
TurboTax seems to have an error when importing a w-2 via a photo and a code K is shown on the w-2 in box 14 (pretax dental and vision deduction). It imports the K into box 12 and calls it a "golden parachute" amount which becomes taxable. W-2 (DFAS federal employee) states code K is not used in box 12 (along with several other codes). Had to manually correct Turbotax by removing K from box 12 after photo W-2 import. Is this the correct thing to do?????
March 31, 2025
5:23 PM