Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
demitripagonis63
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

Please see attached - I don't know what to do with the Code CP number.

7 Replies
Anita01
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

That would be an error in oyur W-2.  

There is indeed a code of C for taxable group term life insurance over $50,000 and a code of P for nontaxable moving expenses.  There is, however, no code CP.  Since box 12 codes do usually have some impact on your return,it is important that they be correct.  You will, unfortunately have to ask your employer what this is supposed to be and probably get  a corrected W-2 from them.

demitripagonis63
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

Thanks.. It isn't on the 2016 W2. I realize it is also printed on the gray area of box 12d. Is that significant? If that doesn't mean anything I'll have to ask. Thanks.
Anita01
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

I'm afraid you will have to ask because it's a very unusual thing to see on a W-2.  Asking would be a much safer bet for you than for us to guess at it.  Guessing could cause you to miss an allowable deduction or could result in your not claiming taxable income.
suhrf10
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

I have this as well! I did notice the the number is the difference between the NJ State wages (Box 16) and the wages I have listed in Boxes 3 and 5. Who would I ask to clarify this information?
Anita01
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

Your payroll person or department would be the best person to ask.
suhrf10
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

Thank you.
demitripagonis63
New Member

My W2 has a code CP in box 12D. What is that-- I don't know how should I handle.

I discovered it stands for "Cafeteria Plan" - there is a section on the IRS website about it. In NJ, it is the amount the employee contributes toward the healthcare plan. I need to go back through the process now - since I don't remember that showing up anywhere.
Dynamic AdsDynamic Ads
Privacy Settings
v