Can someone explain to me how to enter information in box 12d on a tax return when my w2 has code G and 1372.50 as the amount?

I am trying to understand what to put in box 12d on my online filing form. My W2 has a code letter G and the amount of 1372.50 in box 12d. I do not understand the options for the letter G on the return form and which one to choose. Also, am I suppose to put the number 1372.50 in the amount box on 12d of my filing form online? What does this letter G mean and how does it affect my filing?

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1 Best answer

Level 13

Jun 1, 2019 2:08:25 AM

Code G is "Elective deferrals and employer contributions (including nonelective deferrals) to any governmental or nongovernmental section 457(b) deferred compensation plan."

On the W-2 input screen, use the pull down (inverted diamond) on the left and select option G, and on the right enter the amount with code G.

TurboTax uses this information as needed in the tax return.

Level 13

Jun 1, 2019 2:08:25 AM

Code G is "Elective deferrals and employer contributions (including nonelective deferrals) to any governmental or nongovernmental section 457(b) deferred compensation plan."

On the W-2 input screen, use the pull down (inverted diamond) on the left and select option G, and on the right enter the amount with code G.

TurboTax uses this information as needed in the tax return.

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Can someone explain to me how to enter information in box 12d on a tax return when my w2 has code G and 1372.50 as the amount?