Get IRS W-2GU 2014

The W-2 Box 12 codes provide more information and determine if the amount is income. ... The W2 Box 12 codes are: A Uncollected Social Security or RRTA tax on tips. Include this tax on Form 1040 Schedule 4 line 58. B Uncollected Medicare tax on tips.

When you receive your IRS W-2 form each year from your employer, box 2, "Federal income tax withheld," shows the amount of tax money your employer deducted from your pay and sent to the IRS to cover the income taxes you owe.

Box 2 on our W2 is the amount of tax withheld from your wages. However, this does not tell you how much you will get back. On your form 1040, you will see your refund on line 75. If you owe, the amount will be on line 78.

Your refund is determined by comparing your total income tax to the amount that was withheld for federal income tax. Assuming that the amount withheld for federal income tax was greater than your income tax for the year, you will receive a refund for the difference.

A W-2 form, also known as the Wage and Tax Statement, is the document an employer is required to send to each of their employees and the Internal Revenue Service (IRS) at the end of the year. The W-2 form reports the employee's annual wages and the amount of taxes withheld from his or her paychecks.

Will I still get my refund if I forgot a w2? You may get the original amount from your filed return. The IRS gets copies of all W-2's. ... If the IRS does not notify you and you receive your original refund then you need to amend your return.

Box 12 amounts with the code DD signify the total cost of what you and your employer paid for your employer-sponsored health coverage plan. Code DD amounts are for informational purposes only they don't affect the numbers in your tax return.

What is Being Reported on Form W-2 Box 12 Code DD? Employees may receive a Form W-2 with an amount reported in Box 12 with Code DD. But fear not this amount is simply the total cost of the employee's health insurance coverage paid by both the employee and the employer, and it is not taxable.

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.

Box 12DD: This is the total cost of the employer sponsored health coverage you received during the year in box 12 under code DD. This figure includes both the employee and employer paid shares of health insurance premiums and is for informational purposes only.

You must report all employer contributions (including an employee's contributions through a cafeteria plan) to an HSA in box 12 of Form W-2 with code W. Employer contributions to an HSA that are not excludable from the income of the employee also must be reported in boxes 1, 3, and 5.

In general, when an employer makes contributions to employees' HSAs, the employer must report them on the individual Form W-2 for each employee that received a contribution. The amount an employer reports on Form W-2 must also include any money the employee elected to contribute to the HSA through a cafeteria plan.

In most cases, your HSA contribution is reported in Box 12 of your W-2 with the code W (Employer Contributions to Health Savings Account).

When you file, you'll need to include Form 8889 to report all contributions and withdrawals associated with your HSA in 2013. The form has a line for reporting your direct contributions to your HSA, and you'll carry that deduction to line 25 of your Form 1040.

Employers must report all employer contributions to a health savings account (HSA) in Box 12 of Form W-2, using code W. For this purpose, employer contributions include all contributions made through a cafeteria plan even pre-tax salary reductions.