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GARY ELLIS
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What is box 12 code d on my W-2 and what do I do with ...

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What is box 12 code d on my W-2 and what do I do with it?


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Lakeland, Florida

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I would like to know if box 12 code D is simply showing me what I put in my 401k, or if it has some bearing on the taxes I'm filing this year.





Submitted: 10 years ago.
Category: Tax
Expert:  GARY ELLIS replied 10 years ago.
It identifies your 401(k) election deferral.
This is pretax money into your retirement plan.
Do nothing with it. It is not taxable. It has already been deducted from box 1 of the W-2.
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