"D 2017 17,994.00"
The "2017" or "17" just indicates make up contributions for a prior year. That is required by the IRS for the employer to report, but has nothing do do with the tax return and is just information to you.
Enter it as "D 17994" and leave the "2017" or "17" out - it goes on your W-2 but not on your tax return.
W-2 instructions If any elective deferrals, salary reduction amounts, or nonelective contributions under a section
457(b) plan during the year are makeup amounts
under the Uniformed Services Employment and
Reemployment Rights Act of 1994 (USERRA) for a prior
year, you must enter the prior year contributions separately. Beginning with the earliest year, enter the
code, the year, and the amount. For example, elective
deferrals of $2,250 for 2016 and $1,250 for 2017 under
USERRA under a section 401(k) plan are reported in
box 12 as follows:
D 16 2250.00, D 17 1250.00. A 2018 contribution of
$7,000 does not require a year designation; enter it as D
7000.00. Report the code (and year for prior year
USERRA contributions) to the left of the vertical line in
boxes 12a through 12d. |
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
