WebJun 4, 2024 · If your form W-2 only has box 12 code DD filled, you do not have to enter it on your tax return as this has no effect on your tax return. Code DD in box 12 means Cost of employer-sponsored health coverage. **Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer" 2 Reply WebNov 21, 2024 · Lines a, b, c, and d of Box 12 on Form W-2 contain miscellaneous additional compensation and benefits, each identified with a letter code. List of Box 12 Codes. ... DD: Cost of employee deductions and employer sponsored contributions to health coverage, for informational purposes. Does not affect any other boxes.
What do the letter codes in box 12 of my W-2 mean?
WebJul 13, 2024 · If additional items are listed in box 12a-12d of Form W-2, click the list box and select the letter code that is listed on the left hand side of the box. ... About Form W-2, box 12 codes in ProConnect. ... DD: Total cost of what employee and employer paid for an employer-sponsored health coverage plan. EE: Designated Roth contributions to a gov ... WebThe reporting in box 12, using code DD, of the cost of employer-sponsored health coverage is for your information only. ... The following list explains the codes shown in box 12. You may need this information to complete your tax return. Elective deferrals (codes D, E, F, and S) ... of Form W -2 for at least 3 years after the due date for ... huckberry outerwear
Tax reporting and your benefits - FAQ - Benefits
WebMar 27, 2024 · Form W2 Box 12 Codes from www.patriotsoftware.com. Designated roth contributions under a section 401 (k) plan. Box 12 will report a single letter or double … WebThe amount shown on your W-2, Box 12, using Code DD, represents the of the cost of pre-tax employer-sponsored health coverage, and is for your information only. ... Many employers are required to report the cost of an employee's health care benefits in Box 12 of Form W-2, using Code DD to identify the amount. This amount is reported for ... WebMany employers are required to report the cost of an employee's health care benefits in Box 12 of Form W-2, using Code DD to identify the amount. This amount is reported for … huckberry offers