Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jul 15, 2020 7:47:27 AM

Do I have to fill in the amount I had deducted for my 504 account when filling in line12 W2?

I am asked to take information from line 12, but I have 3:  E, W, DD

0 1 161
1 Replies
Expert Alumni
Jul 15, 2020 8:01:12 AM

Code E is the code in box 12 for Elective deferrals under a section 403(b) salary reduction agreement.

 

You probably don't have to do anything but enter the W-2 - TurboTax should take care of it from that point.