Get IRS W-3SS 2014

Form W-2 - Box 14 Other Information. Employers use Box 14 on Form W-2 to provide other information to employees. Generally, the amount in Box 14 is for informational purposes only; however, some employers use Box 14 to report amounts that should be entered elsewhere on your return.

Box 14 Employers can use this W-2 box to report information such as: State disability insurance taxes withheld. Union dues.

Form W-2 - Box 14 Other Information. Employers use Box 14 on Form W-2 to provide other information to employees. Generally, the amount in Box 14 is for informational purposes only; however, some employers use Box 14 to report amounts that should be entered elsewhere on your return.

Box 14 of the W-2 statement likely has a dollar amount listed with the 414(h). This is the amount of funds that were contributed to the retirement plan. The 414(h) funds are not taxable. ... A tax deferred plan is one that is not taxed at the time the money is put into savings.

The W2 Box 12 codes are: ... 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. D Elective deferral under a 401(k) cash or arrangement plan. This includes a SIMPLE 401(k) arrangement.

Your employer may report your cafeteria plan deductions in Box 14, which is labeled Other. It might use the code Section 125 or Café 125, and then state your pretax payments. This data is optional and can clear up any confusion you have about the amount in Box 1. ... Box 1 of your W-2 shows only your taxable wages.

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.

Your contributions shown in Box 14 are not subject to federal income tax, but are subject to FICA (social security and Medicare), state, and local taxes. To obtain your taxable wages for New York State and City, add the amount in Box 14 to that in Box 1.

To help you understand your Form W2, we've outlined each of the W-2 boxes and the corresponding W2 box codes below. Box 1 Shows your wages, tips, prizes, and other compensation for the year. Include this amount on the wages line of your return. ... Box 5 Shows your wages subject to Medicare tax.

Form W-2 - Box 14 Other Information. Employers use Box 14 on Form W-2 to provide other information to employees. Generally, the amount in Box 14 is for informational purposes only; however, some employers use Box 14 to report amounts that should be entered elsewhere on your return.

Box 1 "Wages, tips, other compensation": This is federal, taxable income for payments in the calendar year. The amount is calculated as YTD earnings minus pre- tax retirement and pre-tax benefit deductions plus taxable benefits (i.e., certain educational benefits).