Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 24, 2026 11:42:21 AM

W2 Box 14

Good Afternoon

Regarding Box 14 - Code K

The product reflects that Code K is a 20% Excise Tax

But my W2 states Code K is for "Pretax Vision & Dental Deduction.

Needless to say when entered the amount if reduced my refund over$700

Please advise 

Thank you

0 1 212
1 Replies
Employee Tax Expert
Feb 24, 2026 11:59:54 AM

W-2 Box 14, Code K is pre-tax deductions for dental and vision coverage

 

W-2 Box 12, Code K is a 20% excise tax on golden parachute payments.

 

Check your W-2 because it sounds like the entry for Code K is in Box 12 instead of Box 14.

 

To get back to your W-2 entry go to Wages & Income>W-2