On my W2, box 14 how do I know if New York IRC 414 (h) is subject to New York taxes or is tax exempt? Same question with IRC 125/Sec 18.

posted

All 414(h) retirement contributions that were made pre-tax are tax exempt. (This is most common, but if you are not sure, contact your employer) Cafeteria contributions that were deducted from your pay pretax are added back to your New York income.

See Public employee 414(h) contributions.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Re: the question, "How often did you get income for Hobby gains received from PredictIt?" Do I check "You got it in 2022" even though I already reported it for that year?

in Investors & landlords

Expert does your taxes

Do it yourself

Resources

Support

On my W2, box 14 how do I know if New York IRC 414 (h) is subject to New York taxes or is tax exempt? Same question with IRC 125/Sec 18.

On my W2, box 14 how do I know if New York IRC 414 (h) is subject to New York taxes or is tax exempt? Same question with IRC 125/Sec 18.

See Public employee 414(h) contributions.

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

On my W2, box 14 how do I know if New York IRC 414 (h) is subject to New York taxes or is tax exempt? Same question with IRC 125/Sec 18.

Do you have an Intuit account?

On my W2, box 14 how do I know if New York IRC 414 (h) is subject to New York taxes or is tax exempt? Same question with IRC 125/Sec 18.

See Public employee 414(h) contributions.

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert