- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
What code did you have in Box 12 of your W-2? The ones below are types of deferred compensation that are normally indicated on your W-2.
- Code D -- Elective deferral under a 401(k) cash or arrangement plan. This includes a SIMPLE 401(k) arrangement.
- E -- Elective deferrals under a Section 403(b) salary reduction agreement
- F -- Elective deferrals under a Section 408(k)(6) salary reduction SEP
- G -- Elective deferrals and employer contributions (including nonelective deferrals) to a Section 457(b) deferred compensation plan
- H -- Elective deferrals to a Section 501(c)(18)(D) tax-exempt organization plan
or
- Code AA -- Designated Roth contribution under a 401(k) plan
- BB -- Designated Roth contributions under a 403(b) plan
None of these are deductible anywhere on the return as they are already getting a tax deferred benefit.
‎June 6, 2019
7:33 AM