topic On box 12 & 13 I have retirement plan checked and $200.93 for the amount on 12, is that a form of a 1099 plan? in Retirement tax questions

On box 12 & 13 I have retirement plan checked and $200.93 for the amount on 12, is that a form of a 1099 plan?

chancemoir96 — Tue, 04 Jun 2019 19:44:38 GMT

What is the code in box 12?

MichaelL1 — Tue, 04 Jun 2019 19:44:39 GMT

What is the code in box 12?

Do you have questions about it?

MichaelL1 — Tue, 04 Jun 2019 19:44:42 GMT

Do you have questions about it?

Who would be considered the payer on it

chancemoir96 — Tue, 04 Jun 2019 19:44:43 GMT

Who would be considered the payer on it

You would have been the payer of the $200.93, and if a Tr...

MichaelL1 — Tue, 04 Jun 2019 19:44:44 GMT

You would have been the payer of the $200.93, and if a Traditional (non-Roth) 401K the amount in Box 1 taxable wages would be reduced. So this should have saved you a little bit on your taxes by having this.

That is a payment to a 401K retirement plan.

MichaelL1 — Tue, 04 Jun 2019 19:44:46 GMT

That is a payment to a 401K retirement plan.

topic On box 12 &amp; 13 I have retirement plan checked and $200.93 for the amount on 12, is that a form of a 1099 plan? in Retirement tax questions

On box 12 & 13 I have retirement plan checked and $200.93 for the amount on 12, is that a form of a 1099 plan?

What is the code in box 12?

Do you have questions about it?

Who would be considered the payer on it

You would have been the payer of the $200.93, and if a Tr...

That is a payment to a 401K retirement plan.

topic On box 12 & 13 I have retirement plan checked and $200.93 for the amount on 12, is that a form of a 1099 plan? in Retirement tax questions