BOX 12

Use this subtask to view and edit the information for Box 12 on the selected W-2.

Payroll Year

This field displays the payroll year from the main screen.

Employee

This field displays the employee name from the main screen.

Taxable Entity

This field displays the taxable entity from the main screen.

Table Window

Select the New Line button on the toolbar to add W-2 codes and amounts for box 12.

Code

When adding a new line, enter, or use Lookup to select, the Box 12 code that will be assigned to this W-2 record. The available codes are system-defined.

Amount

Enter the amount associated with the value in the Code field for Box 12.

Box 12

IRS Required Information

A	Uncollected Social Security Tax on employee's tips - If applicable, add this information to Box 12.
B	Uncollected Medicare Tax on Employee's tips - If applicable, add this information to Box 12.
C	Excess Life Insurance (cost of group term life insurance coverage over 50,000) -The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as an Excess Life Insurance deduction in the Deductions screen.
D	Section 401(k) Deferred Compensation Plan - The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as 401(k) Deferred Compensation in the Deductions screen.
E	Section 403(b) Deferred Compensation Plan - The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as 403(b) Deferred Compensation in the Deductions screen.
F	Section 408(k)6 Plan - The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as 408(k)6 Deferred Compensation in the Deductions screen.
G	Section 457 Plan - The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as 457 Deferred Compensation in the Deductions screen.
H	Section 501(c)18(d) Plan - The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as 501(c)18(d)d Deferred Compensation in the Deductions screen.
J	Sick Pay not includible in income - If applicable, add this information to Box 12.
K	Golden Parachute Payments - The amount shown here is the total amount of payments, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as Golden Parachute in the Deductions screen.
L	Non-taxable Employee Business Expenses (if taxable Employee Business Expenses were included in Box 1) - If applicable, add this information to Box 12.
M	Uncollected Social Security Tax for Former Employees - If applicable, add this information to Box 12.
N	Uncollected Medicare Tax for Former Employees - If applicable, add this information to Box 12.
P	Excludable Moving Expense Reimbursements paid directly to employee (not included in boxes 1, 3, or 5).
Q	Non-Taxable Combat Pay - If applicable, add this information to Box 12 (not included in boxes 1, 3, or 5).
R	Employee contribution to your medical savings account (MSA).
S	Employee salary reduction contributions under a section 408(p) SIMPLE (not included in box 1).
T	Adoption benefits (not included in box 1).
V	Income from exercise of non-statutory stock option(s) (included in boxes 1, 3 (up to social security wage base), and 5).
W	Employer's contribution to an employee's Health Savings Account (HSA).
Y	Section 409A Deferred Compensation Plan - The amount shown here is the total amount of withholding, from the Deductions subtask of the Maintain Employee Earnings screen, for the deduction code that you have identified as 409A Deferred Compensation in the Deductions screen.
Z	Income under Section 409A on a nonqualified deferred compensation plan - If applicable, add this information to Box 12 (included in boxes 1, 3 (up to social security wage base), 5, and 11).