Box 12 Codes

Question 1

Box 12 Code A (Appetizer)

Answer 1

Uncollected SS or RRTA tax on tips

Question 2

Box 12 Code AA (1=A)

Answer 2

Designated Roth contributions under a section 401k plan

Question 3

Box 12 Code B (Beverage or Bartender)

Answer 3

Uncollected Medicare tax on tips

Question 4

Box 12 Code BB (“b”)

Answer 4

Designated Roth contributions under a section 403b plan

Question 5

Box 12 Code C (Coffin, Casket, Coverage)

Answer 5

Taxable Cost of GTL over $50k

Question 6

Box 12 Code D (Deferral)

Answer 6

401k Retirement deferrals

Question 7

Box 12 Code DD (Doctor Doctor)

Answer 7

Cost of employer sponsored health coverage

Question 8

Box 12 Code E (Education)

Answer 8

Section 403b contributions - salary reduction agreement Can be purchased by public schools and tax exempt charitable, religious and educational organizations Catch up contributions.

Question 9

Box 12 Code EE (ElectedElected)

Answer 9

Designated Roth contributions under a governmental 457b plan

Question 10

Box 12 Code F (Follows)

Answer 10

Section 408(k)(6) Salary reduction Simplified Employee Pension Plan

Question 11

Box 12 Code FF

Answer 11

Permitted benefits under a qualified small employer health reimbursement arrangement

Question 12

Box 12 Code G (Government)

Answer 12

457b Deferred compensation plan for government employees or tax exempt organizations.

Question 13

Box 12 Code GG (grantgrant)

Answer 13

Income from qualified equity grants under section 83i

Question 14

Box 12 Code H (highest)

Answer 14

501c Deferrals to a tax exempt organization plan - pension plans created before 1959

Question 15

Box 12 Code HH

Answer 15

Aggregate deferrals under section 83i elections as of the close of the calendar year.

Question 16

Box 12 Code J (jaundice)

Answer 16

Non-taxable Sick Pay 3rd party sick pay payments

Question 17

Box 12 Code K (karat)

Answer 17

Golden parachute payments

Question 18

Box 12 Code L (lodging)

Answer 18

Substantiated EE business expense reimbursements

Question 19

Box 12 Code M (missed)

Answer 19

Uncollected SS or RRTA on GTL over $50k

Question 20

Box 12 Code N (not enough)

Answer 20

Uncollected Medicare tax on taxable cost of GTL over $50k

Question 21

Box 12 Code P (packing)

Answer 21

Excludable moving expense reimbursements

Question 22

Box 12 Code Q (Q = Quebec Military code)

Answer 22

Nontaxable combat pay

Question 23

Box 12 Code R (Rx)

Answer 23

Employer contributions to an Archer MSA

Question 24

Box 12 Code S (simple)

Answer 24

Employee salary reduction contribution under a section 408p SIMPLE

Question 25

Box 12 Code T (toddler)

Answer 25

Adoption Benefits

Question 26

Box 12 Code V (vesting)

Answer 26

Income from the exercise of nonstatutory stock options.

Question 27

Box 12 Code W (well-being)

Answer 27

Employers contribution to a Health Savings Account (HSA)

Question 28

Box 12 Code Y (Yield)

Answer 28

Deferrals under a section 409A nonqualified deferred compensation plan

Question 29

Box 12 Code Z (Ctrl + Z is “undo”)

Answer 29

Income under section 409A on a nonqualified deferred compensation plan that failed to meet NQDC requirements so now needs to be taxed.