- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Yes, you are correct that "CO Famli" item in box 14 is not tax deductible, so the correct box 14 category is "Other (not classified)".
The amount does not reduce taxable income reported in box 1 or box 16. The box 14 entry is purely informational for the employer to let employees know what was deducted from their pay "post-tax" for the program.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 23, 2024
12:16 PM