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Roger252525
Returning Member

Code K in Box 14 Getting Entered under the Golden Parachute line

Hello, I finished my taxes on TurboTax and I noticed that the software entered my code K value, which I believe is pre-tax dental and vision benefits under the Schedule 2 Line K Golden Parachute Payments.  Is this wrong?  It was not entered there under my 2021 tax form and seems odd that my pre-tax dental and vision reduction would be added as an additional tax.  Can someone help?

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1 Reply
ErnieS0
Expert Alumni

Code K in Box 14 Getting Entered under the Golden Parachute line

TurboTax does not have a “Code K” for W-2 Box 14. Code K is Box 12 is 20% excise tax – golden parachute.

 

Check your Box 12 and 14 entries.

 

To get back to your W-2

              • Type w-2 in Search (magnifying glass) in the upper right

              • Select Jump to W-2

              • On the screen "Your W-2 info so far" select Edit next to your W-2

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