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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
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Experience:  10 years experience
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what does an amount mean in box 12 of my w2

Customer Reply

Customer: replied 9 years ago.
do i need to report this on my 1040
Expert:  Bill replied 9 years ago.
What code is entered in the box? Some of the amounts in this box are items such as the amount that you deferred from your salary into a 401(k) plan (Code D) or 403(b)program (Code E). These amounts should have already been deducted from your gross wages in Box 1.