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.
S125 is a (IRS Code) Section 125 plan: Flexible Benefit Spending Plan.
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.
What is the dropdown to use in California? "Flexible Benefit Spending Plan" is not an option
If you don't find an exact match, use Other - not classified.
Box 14 info
@Sinii