Designated Roth contribution
AA — Designated Roth contribution under a 401(k) plan. Roth contributions are not deductible; however, you may be able to claim the Saver’s Credit, Form 1040 Schedule 3, line 4. See Form 1040 Instructions for details. BB — Designated Roth contributions under a 403(b) plan.
What is code AA on W-2?
W-2, Box 12 Codes
| Box 12 Code | Description |
|---|---|
| AA | Designated Roth contributions under a section 401(k) plan |
| BB | Designated Roth contributions under a section 403(b) plan |
| DD | Cost of employer-sponsored health coverage |
| EE | Designated Roth contributions under a governmental section 457(b) plan |
What goes in box 12a on W-2?
Form W-2 Box 12 Codes
- A. Any uncollected Social Security tax or Railroad Retirement Tax Act (RRTA) tax on tips.
- B. Any uncollected Medicare tax on tips.
- C. If you had group term life insurance through your workplace, the premiums for any value over $50,000 become taxable income to you and are included here.
- D.
- E.
- F.
- G.
- H.
What does box 12 on the W-2 mean?
These are the uppercase codes you might see in Box 12 of your W-2, as well as what each of them means. Any uncollected Social Security tax or Railroad Retirement Tax Act (RRTA) tax on tips. Include this amount in your total tax liability on Schedule 2, which you file with your Form 1040.
What are the codes on the W-2 tax form?
Below is the explanation of the Box 12 Codes on the W-2 tax form. A – Any uncollected Social Security tax or RRTA tax on tips. You’ll include this amount in your total tax liability on your Form 1040. B – Any uncollected Medicare tax on tips.
Is the amount on W-2 box 12A ( code DD ) deductable under medical expenses?
Is the amount on W-2 Box 12a (Code DD) deductable under medical expenses? May 31, 2019 4:44 PM Is the amount on W-2 Box 12a (Code DD) deductable under medical expenses? No, this is not deductible. It’s the amount your Employer paid, from your pre-tax Gross compensation, for your health care coverage.
What are the codes for Box 12 on the tax form?
Some of the most common ones are Code D for contributions to a 401 (k) plan and Code DD for the cost of employer-sponsored health care. If your Box 12 has any strange codes or you don’t know why your employer reported certain amounts, check with your payroll department.
