Box 14 on my W-2 has 2363.63 SEC125+129. what is that for and where on my tax form does it go
ANSWERS: 1
Sort by: Highest Rated
-
Box 14 is a informational box (and does not go onto the 1040) and it sounds like you are participating in a 'cafeteria' plan (salary reduction) which is the 125. Not sure what the 129 plan is...this should have been subtracted from box 1. box 1 plus box 14 should equal box 3 & 5. if it does, then you are ok.
-
No comments
RELATED QUESTIONS
RELATED TOPICS
ABOUT ANSWERBAG
Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.
Copyright 2023, Wired Ivy, LLC