topic Re: Box 12 code S in Retirement tax questions

Box 12 code S

Sportespice — Tue, 10 Feb 2026 09:21:29 GMT

I cannot file because of this code. It says check back with us soon.

Re: Box 12 code S

DianeW777 — Sat, 27 Jan 2024 22:58:29 GMT

The IRS is not yet ready for this code on the W-2. Continue to check back in your TurboTax return to see when the message is clear and you can go forward. The IRS has not released a specific date as of yet.

On January 8, 2024, the IRS released a notice describing many changes required to implement the Secure Act 2.0. If you try to enter Code S for Box 12 of your W-2, you may see this message:

"We're updating how SEP and simple plan contributions are reported on the tax return based on new guidance from the IRS." Section 601 of the Secure Act 2.0 refers specifically to Simple and SEP Roth IRAs. Code S in box 12 defines how to handle a SIMPLE plan.
Internal Revenue Bulletin: 2024-02 | Internal Revenue Service - Question & Answer = K5

Re: Box 12 code S

aaronmg412 — Fri, 09 Feb 2024 17:44:46 GMT

This is still not fixed. Any update @DianeW777 ?

Re: Box 12 code S

KrisD15 — Fri, 09 Feb 2024 17:52:15 GMT

Please have patience.

Use this link to be notified when the program is updated.

@Sportespice

@aaronmg412

Re: Box 12 code S

aaronmg412 — Fri, 09 Feb 2024 17:56:32 GMT

Thank you. Signed up.

Happy to have patience, but when told will be done February 1st then told it will be done by February 7th with it currently being February 9th. . . . . . . . . That's a bit silly.

Re: Box 12 code S

JCJASSO — Sun, 11 Feb 2024 21:15:13 GMT

When I run the federal check I get an error about this. W-2 box 12 code S should not be greater than the value in box 12 with code S for this W-2. Box 13 in my W-2 is checked for retirement plan.

When I click to correct, it shows me the amount from my W-2 and also shows me part of a form where it has letter S but both have the same amount. I don't understand what needs to be changed. Is it related to this same issue?

Re: Box 12 code S

aaronmg412 — Mon, 12 Feb 2024 13:23:54 GMT

@KrisD15 any update on this? This is still broken...

Re: Box 12 code S

KrisD15 — Mon, 12 Feb 2024 13:34:48 GMT

Yes, I am told that if you remove the cents in box 12 on the screen titled "Tell us more about your retirement contributions" or the "Check this Entry" screen, the error is eliminated.

Also, please confirm that you have selected Simple IRA and not Simple Roth IRA.

HERE is a link to that answer.

@aaronmg412