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Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

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Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

No.  The 23 signifies the tax year.  You need to enter 539.52 as the amount.

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9 Replies
RobertB4444
Employee Tax Expert

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

Just enter code D - elective deferral to a 401K.

 

@skysurfer188 

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Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

But do I put the amount too? I uploaded the w-2 and I filled $23 as the amount but that doesn’t sound right

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

No.  The 23 signifies the tax year.  You need to enter 539.52 as the amount.

mgzuniga
New Member

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

I have the same problem with the D23. My W2 shows one amount under "D 23" and another amount with just "D". Turbo tax does not allow me to enter two entries under "D". Do i combine the amounts?

 

MayaD
Expert Alumni

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

D23 refers to contribution to a 401k for 2023. You can combine the amounts or ignore the D23 amount. 

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ogbiggs
New Member

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

Wouldn't combining the two amounts and ignoring the first amount constitute as reporting two different things?

DaveF1006
Expert Alumni

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

No, this would not be construed as two different reporting since both year's retirement plans was contributed in 2024 by the employer.

 

 

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Box 12 on my w-2 says D 23 539.52 What do i enter on that box.

I'm confused as well.  My W2 has 3 D lines - D 22, D 23, and D.  Did you say we could ignore the previous year contributions?  Or shall I just add the 3 lines and include that combined sum?

 

Box 12 on my w-2 says D 23 539.52 What do i enter on that box.


@brknudson03 wrote:

I'm confused as well.  My W2 has 3 D lines - D 22, D 23, and D.  Did you say we could ignore the previous year contributions?  Or shall I just add the 3 lines and include that combined sum?

 


Add all the lines from D22, D23 and D together and enter that sum in box 12 with the code of D

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