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
Level 1
posted May 15, 2021 4:53:57 PM

On Military W2 box 12 what's the 20 when box12 shows "D 20 3,212.88" on W2? W/turbo input, there's only a Code portion

0 2 940
2 Replies
Expert Alumni
May 15, 2021 5:28:09 PM

Probably a typo or misplaced digits.   Code D is retirement plan deferrals and Code DD is health insurance paid for by the government.   There are no numbers in those code.   Verify with Defense Finance and Accounting Service

What do the letter codes in Box 12 of my W-2 mean?

 

Military Pay and Pensions

Level 15
May 15, 2021 5:29:58 PM

20 is for the year, 2020.   It might have been a 2019 contribution.  Ignore the 20.