@jdddddd wrote:
My wife has $3,600 403b In box 14. Turbo tax wants me to chose a category for this? she works at a school. I don't know what to choose?
She also has a much higher amount $18,000 in Box 12 E which is i thought where her 403b contributions are supposed to be listed? What do i do?
Box 14 is a free field employers use to enter items that might be of interest to employees, it is not used for any official purpose by the IRS. Some states use box 14 for items that adjust your state income taxes.
What state are you in?
You will likely have to ask the employer. Box 12 is your salary deferral to the 403b, but it does not include employer match. Maybe they put the match in box 14 to remind you (it has no effect on your taxes.) In New Jersey specifically (I don't know about other states), 403b contributions are not tax-deductible, so they need to be added back to the employee's state taxable income. Turbotax should do that automatically from box 12, but maybe the employer put something in box 14 about that. There could be other reasons for the entry depending on your state.
