Fillable Form W-2vi - U.s. Virgin Islands Wage And Tax Statement

Instructions for Employee (continued from back of Copy B)

P—Excludable moving expense reimbursements paid directly to employee (not

included in box 1, 3, or 5)

Box 12 (continued)

Q—Nontaxable combat pay. See your tax return instructions for details on

However, if you were at least age 50 in 2018, your employer may have allowed

reporting this amount.

an additional deferral of up to $6,000 ($3,000 for section 401(k)(11) and 408(p)

R—Employer contributions to your Archer MSA. Report on Form 8853, Archer

SIMPLE plans). This additional deferral amount is not subject to the overall limit on

MSAs and Long-Term Care Insurance Contracts.

elective deferrals. For code G, the limit on elective deferrals may be higher for the

last 3 years before you reach retirement age. Contact your plan administrator for

S—Employee salary reduction contributions under a section 408(p) SIMPLE plan

more information. Amounts in excess of the overall elective deferral limit must be

(not included in box 1)

included in income. See the “Wages, Salaries, Tips, etc.” line instructions for your

T—Adoption benefits (not included in box 1). Complete Form 8839, Qualified

tax return.

Adoption Expenses, to figure taxable and nontaxable amounts.

Note: If a year follows code D through H, S, Y, AA, BB, or EE, you made a make-

V—Income from exercise of nonstatutory stock option(s) (included in boxes 1, 3

up pension contribution for a prior year(s) when you were in military service. To

(up to social security wage base), and 5). See Pub. 525, Taxable and Nontaxable

figure whether you made excess deferrals, consider these amounts for the year

Income, for reporting requirements.

shown, not the current year. If no year is shown, the contributions are for the

W—Employer contributions (including amounts the employee elected to contribute

current year.

using a section 125 (cafeteria) plan) to your health savings account (HSA). Report

A—Uncollected social security tax on tips. Report on U.S. Form 1040, or on Form

on Form 8889, Health Savings Accounts (HSAs).

1040-SS if not required to file Form 1040.

Y—Deferrals under a section 409A nonqualified deferred compensation plan

B—Uncollected Medicare tax on tips. Report on U.S. Form 1040, or on Form

Z—Income under a nonqualified deferred compensation plan that fails to satisfy

1040-SS if not required to file Form 1040.

section 409A. This amount also is included in box 1. It is subject to an additional

C—Taxable cost of group-term life insurance over $50,000 (included in boxes 1, 3

20% tax plus interest. See “Other Taxes” in the instructions for your tax return.

(up to social security wage base), and 5)

AA—Designated Roth contributions under a section 401(k) plan

D—Elective deferrals to a section 401(k) cash or deferred arrangement. Also

BB—Designated Roth contributions under a section 403(b) plan

includes deferrals under a SIMPLE retirement account that is part of a section

DD—Cost of employer-sponsored health coverage. The amount reported with

401(k) arrangement.

code DD is not taxable.

E—Elective deferrals under a section 403(b) salary reduction agreement

EE—Designated Roth contributions under a governmental section 457(b) plan.

F—Elective deferrals under a section 408(k)(6) salary reduction SEP

This amount does not apply to contributions under a tax-exempt organization

section 457(b) plan.

G—Elective deferrals and employer contributions (including nonelective deferrals)

to a section 457(b) deferred compensation plan

FF—Permitted benefits under a qualified small employer health reimbursement

arrangement

H—Elective deferrals to a section 501(c)(18)(D) tax-exempt organization plan. (You

may be able to deduct.)

Box 13. If the “Retirement plan” box is checked, special limits may apply to the

amount of traditional IRA contributions that you may deduct. See Pub. 590-A,

J—Nontaxable sick pay (information only, not included in box 1, 3, or 5)

Contributions to Individual Retirement Arrangements (IRAs).

M—Uncollected social security tax on taxable cost of group-term life insurance

Note: Keep Copy C of Form W-2VI for at least 3 years after the due date for filing

over $50,000 (former employees only). Report on U.S. Form 1040, or on Form

your income tax return. However, to help protect your social security benefits,

1040-SS if not required to file Form 1040.

keep Copy C until you begin receiving social security benefits just in case there is

N—Uncollected Medicare tax on taxable cost of group-term life insurance over

a question about your work record and/or earnings in a particular year.

$50,000 (former employees only). Report on U.S. Form 1040, or on Form 1040-SS

if not required to file Form 1040.

Form W-2vi - U.s. Virgin Islands Wage And Tax Statement - 2018 Page 7

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