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Ed Johnson
Ed Johnson, Tax Preparer
Category: Tax
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Experience:  GPHR Cert; U.S. Treasury Tax Advocacy Panel appointee
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On line 61 0f my form 1040, I have the letters UT and a dollar

Customer Question

On line 61 0f my form 1040, I have the letters "UT" and a dollar amount that is added to my tax from line 56 for a total S amount. What is "UT"?
Submitted: 8 years ago.
Category: Tax
Expert:  Ed Johnson replied 8 years ago.

Dear Rodney,

 

Thanks for your question.

 

I am not understanding. My form 1040, line 61 is the total of lines 56 through 60, and it has no designation for codes such as UT.

 

http://www.irs.gov/pub/irs-pdf/f1040.pdf

 

You must mean the dotted line next to line 61 where the initials may be added for a particular tax. "UT" would be the code for uncollected taxes, particulary:

 

uncollected social security and medicare taxes on tips, group life insurance or RRTA tax.

 

this should be reflected in box 12, codes A, B, M, or N on form W-2.