turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

IF I put in Box 14 it says Tax Def - 314.86 Pretax - 1007.96. Will this auto calculate for taxes when it's Tax deferred or pretax? I'm not seeing changes in tax burden.

I am doing my son's taxes and this is first time that I have ever seen this.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
RobertB4444
Expert Alumni

IF I put in Box 14 it says Tax Def - 314.86 Pretax - 1007.96. Will this auto calculate for taxes when it's Tax deferred or pretax? I'm not seeing changes in tax burden.

Box 14 is primarily used for informational purposes for the receiver.  In this instance that is information for your son and is not necessary in order to prepare his tax return.

 

@tmchargers24 

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question