topic Word PRETX in box 14 on W-2 in Business & farm

Word PRETX in box 14 on W-2

mmusil1776 — Thu, 30 Jan 2020 21:24:44 GMT

MinhT1 — Thu, 30 Jan 2020 22:02:44 GMT

Box 14 of form W-2 is a sort of catch-all. Most of the time, this is for information and does not affect your taxes. PRETX presumably means Pre Tax.

Please read this TurboTax Help topic on Box 14 of Form W-2.

Hal_Al — Thu, 30 Jan 2020 22:10:49 GMT

Pre tax means the amount has already been deducted and you don't get to deduct it again. That is, that amount is NOT include in box 1 of your W-2.