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Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 2858
Experience:  18+ years of experience in tax preparation; 25+ years of experience as a real estate/corporate paralegal.
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Robin D - Besides mortage interest, property taxes and

Customer Question

Hi Robin D -Besides mortage interest, property taxes and charitable contributions, are there any other deductions I can consider?
Submitted: 1 month ago.
Category: Tax
Expert:  Barbara replied 1 month ago.

Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

In addition to the items you mentioned, the following link contains an Itemized Deduction Checklist which you may find helpful:

http://www.affordable-tax.com/Itemized_Deductions_Checklist.pdf

Please let me know if I can assist you further.

Thank you and best regards,

Barb

Customer: replied 1 month ago.
Is box 14 on W2 deductible?
Expert:  Barbara replied 1 month ago.

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.

If Box 14 of your W-2 reports any of the following, click the applicable link for more information. These items are addressed in separate questions in the Federal Q&A, and if entered in Box 14 of Form W-2 in TaxAct® they will not be transferred to any other section of the return.

  • Union dues (reported on Schedule A, Line 21)
  • Health insurance premiums deducted (not pre-tax) (reported on Schedule A, Line 1)
  • Unreimbursed employee expenses (reported on Schedule A, Line 21)
  • Voluntary after-tax contributions (reported on Schedule A, Line 16)
  • State disability contributions (SDI or CASDI)
  • Section 125 flexible spending account contributions
  • Section 414(h) contributions
  • Tier I or Tier II railroad retirement contributions
  • Educational assistance payments

What's the code/description in your Box 14?

Customer: replied 1 month ago.
its says SUBSHP
Expert:  Barbara replied 1 month ago.

Do you know what it stands for?

Expert:  Barbara replied 1 month ago.

Have you been able to ask you employer what SUBSHP stands for so I can further assist you?