W2 Box 12 Codes

Question 1

Income from exercise of non-statutory stock option(s) (included in Boxes 1, 3 (up to
Social Security wage base), and 5).

Answer 1

V (Value)

Question 2

GTL Over $50k

Answer 2

C (Coffin/Cadaver)

Question 3

Permitted benefits under qualified small employer health reimbursement
arrangement.

Answer 3

FF (Feeling Fine)

Question 4

HIRE Act exempt wages/tips 2010 W2s only for employer use only.

Answer 4

CC (Company Credit hiring)

Question 5

Designated Roth contributions under a 403(b) plan.

Answer 5

BB (403b “b”)

Question 6

20% excise tax on excess golden parachute payments.

Answer 6

K (Golden 14K)

Question 7

Deferrals under a Section 409A non-qualified deferred compensation plan.

Answer 7

Y (Why Deffer 409?)

Question 8

Employer contributions to your Archer medical savings account (MSA). (may also just be called Medical Savings Account-Archer not included)

Answer 8

R (RX/Robin Hood)

Question 9

GTL - Uncollected Medicare

Answer 9

N (Nother Uncollected)

Question 10

Not on the list (No IOUS & X is for Maps, not Treasury)

Answer 10

I-O-U-X

Question 11

Elective deferral under a 401(k) cash or arrangement plan. This includes a SIMPLE
401(k) arrangement.

Answer 11

D (Deferral)

Question 12

Income under a non-qualified deferred compensation plan that fails to satisfy Section 409A. Included in Box 1 and is subject to an additional 20% tax plus interest.

Answer 12

Z (Zis is Y 409)

Question 13

Designated Roth contribution under a 401(k) plan.

Answer 13

AA (Another Annuity)

Question 14

Nontaxable combat pay.

Answer 14

Q (Quarters)

Question 15

Employee salary reduction contributions under a Section 408(p) SIMPLE. (Not included
in Box 1).

Answer 15

S (Simple)

Question 16

TIPS - Uncollected Medicare

Answer 16

B (Beverage)

Question 17

Non-Tax Sick Pay

Answer 17

J (Jaundice)

Question 18

Elective deferrals under a Section 408(k)(6) salary reduction SEP. (408 is Simple Employee Pension)

Answer 18

F (408 Follows 403)

Question 19

Elective deferrals to a Section 501(c)(18)(D) tax-exempt organization plan

Answer 19

H (Highest #)

Question 20

Uncollected Social Security or RRTA tax on tips.

Answer 20

A (Appetizer)

Question 21

Adoption not in BOX 1

Answer 21

T (Toddler)

Question 22

Cost of employer-sponsored health coverage

Answer 22

DD (Doctor Doctor)

Question 23

Excludable moving expense reimbursements paid directly to a member of the U.S.
Armed Forces. (not included in Boxes 1, 3, or 5)

Answer 23

P (Packing)

Question 24

Employer contributions (including amounts the employee elected to contribute using
a Section 125 cafeteria plan) to your health savings account (HSA).

Answer 24

W (Wellness)

Question 25

Designated Roth contributions under a governmental 457(b) plan. This amount doesn’t apply to contributions under a tax-exempt organization Section 457(b) plan.

Answer 25

EE (Elected Elected)

Question 26

Elective deferrals under a Section 403(b) salary reduction agreement (Teachers version of 401k)

Answer 26

E (Education)

Question 27

GTL - Uncollected Soc.Sec

Answer 27

M (More Uncollected)

Question 28

Elective deferrals and employer contributions (including non-elective deferrals) to a Section 457(b) deferred compensation plan.

Answer 28

G (Government)

Question 29

Substantiated employee business expense reimbursements (nontaxable).

Answer 29

L (Lodging)

Question 30

Medicaid waiver payments excluded from gross income under Notice 2014‑7

Answer 30

II (Incapable's Income notice)

Question 31

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

Answer 31

HH (83 Hi-Hi goodbye)

Question 32

Income from qualified equity grants under section 83(i).

Answer 32

GG (Grants Grants)