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posted Feb 27, 2021 11:08:22 AM

My W2 has an entry in Box 14. The description on W2 says S125. What do I put as a description from the drop down list?

My W2 has an entry in Box 14. The description on W2 says S125. What do I put as a description from the drop down list?  I live in Massachusetts.

0 4 30114
4 Replies
Level 15
Feb 27, 2021 11:23:12 AM

S125 is a (IRS Code) Section 125 plan: Flexible Benefit Spending Plan.

Level 7
Feb 28, 2021 4:53:49 AM

Box 14 is informational - S125 means it's the amount of premiums you paid tax-free for you company's Section 125 (aka cafeteria) benefits plan.

Level 1
Feb 20, 2024 2:47:29 PM

What is the dropdown to use in California?  "Flexible Benefit Spending Plan" is not an option

Expert Alumni
Feb 20, 2024 3:03:51 PM

If you don't find an exact match, use Other - not classified.  

 

Box 14 info

 @Sinii