Solved: I received a W-2 showing my company, which I retired from, paid for my insurance. It states that I can't e-file if my income isn't $1
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

I received a W-2 showing my company, which I retired from, paid for my insurance. It states that I can't e-file if my income isn't $1

 
1 Best answer

Accepted Solutions
Level 6

I received a W-2 showing my company, which I retired from, paid for my insurance. It states that I can't e-file if my income isn't $1

The amount reported in box 12 of your form W-2 with code DD is the cost of your employer-sponsored health insurance. This amount is not taxable and is for your information only.

If your form W-2 only contains that amount, you do not need to enter it on your tax return.

If you have no other income or no other tax forms, you are not required to file a tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
Level 6

I received a W-2 showing my company, which I retired from, paid for my insurance. It states that I can't e-file if my income isn't $1

The amount reported in box 12 of your form W-2 with code DD is the cost of your employer-sponsored health insurance. This amount is not taxable and is for your information only.

If your form W-2 only contains that amount, you do not need to enter it on your tax return.

If you have no other income or no other tax forms, you are not required to file a tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

Dynamic Ads
v
Privacy Settings