The W-2 box 12 codes are:

1. A — Uncollected Social Security or RRTA tax on tips.
2. B — Uncollected Medicare tax on tips.
3. C — Taxable costs of group-term life insurance over $50,000 (included in W-2 boxes 1,3 (up to Social Security wages base), and box 5).

Can you claim Box 12 dd?

The amount shown on your W-2, Box 12, using Code DD, represents the of the cost of pre-tax employer-sponsored health coverage, and is for your information only. The amount reported with Code DD is not taxable, but neither can it be claimed as a tax deduction (medical expense) by an individual taxpayer.

What is code DD on W2?

Employers. The Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan on an employee’s Form W-2, Wage and Tax Statement, in Box 12, using Code DD.

Do I have to report Box 12 D on my tax return?

Code DD is the total cost of what you and your employer paid for your employer-sponsored health coverage plan. This amount is for information purposes only — it doesn’t affect the numbers in your tax return.

What can be reported in Box 12 of Form W-2?

There are several types of compensation and benefits that can be reported in Box 12 of Form W-2. Box 12 will report a single letter or double letter code followed by a dollar amount.

What are the lines on the W-2 tax return?

The lines labeled 12a, 12b, 12c, and 12d (sometimes listed as 12a-d) on your W-2 are just line labels, not codes. Don’t enter these line labels. For example, if you see “D” on line 12a, enter “D” in TurboTax, not “a”.

Is the 401k deferral reported on Form W-2?

This amount is already included in the taxable income of the Form W-2. It is not reported separately on Form 1040. Elective deferrals to a section 401 (k) cash or deferred arrangement. Also includes deferrals under a SIMPLE retirement account that is part of a section 401 (k) arrangement.