Instructions For Forms W-2 And W-3 - Wage And Tax Statement And Transmittal Of Wage And Tax Statements - 2017 Page 19
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33457(b) plans, include both elective and nonelective
deferrals and excess designated contributions, including
deferrals.
earnings on both, is reported on Form 1099-R.
For employees who were 50 years of age or older at
The $600 voluntary after-tax contribution may be
any time during the year and made elective deferral
reported in box 14 (this is optional) but not in box 12. The
and/or designated Roth “catch-up” contributions, report
$2,000 nonelective contribution and the $3,000
the elective deferrals and the elective deferral “catch-up”
nonelective profit-sharing employer contribution are not
contributions as a single sum in box 12 using the
required to be reported on Form W-2, but may be reported
appropriate code, and the designated Roth contributions
in box 14.
and designated Roth “catch-up” contributions as a single
Check the “Retirement plan” box in box 13.
sum in box 12 using the appropriate code.
Code E—Elective deferrals under a section 403(b)
salary reduction agreement.
If any elective deferrals, salary reduction amounts,
or nonelective contributions under a section
Code F—Elective deferrals under a section 408(k)
TIP
457(b) plan during the year are makeup amounts
(6) salary reduction SEP.
under the Uniformed Services Employment and
Code G—Elective deferrals and employer
Reemployment Rights Act of 1994 (USERRA) for a prior
contributions (including nonelective deferrals) to
year, you must enter the prior year contributions
any governmental or nongovernmental section
separately. Beginning with the earliest year, enter the
457(b) deferred compensation plan. Do not report
code, the year, and the amount. For example, elective
either section 457(b) or section 457(f) amounts that are
deferrals of $2,250 for 2015 and $1,250 for 2016 under
subject to a substantial risk of forfeiture.
USERRA under a section 401(k) plan are reported in
Code H—Elective deferrals under section 501(c)
box 12 as follows:
(18)(D) tax-exempt organization plan. Be sure to
include this amount in box 1 as wages. The employee will
D 15 2250.00, D 16 1250.00. A 2017 contribution of
deduct the amount on his or her Form 1040.
$7,000 does not require a year designation; enter it as D
Code J—Nontaxable sick pay. Show any sick pay
7000.00. Report the code (and year for prior year
that was paid by a third party and was not includible in
USERRA contributions) to the left of the vertical line in
income (and not shown in boxes 1, 3, and 5) because the
boxes 12a through 12d.
employee contributed to the sick pay plan. Do not include
The following are not elective deferrals and may be
nontaxable disability payments made directly by a state.
reported in box 14, but not in box 12.
Code K—20% excise tax on excess golden
Nonelective employer contributions made on behalf of
parachute payments (not applicable to Forms
an employee.
W-2AS, W-2CM, W-2GU, or W-2VI). If you made excess
After-tax contributions that are not designated Roth
golden parachute payments to certain key corporate
contributions, such as voluntary contributions to a pension
employees, report the 20% excise tax on these payments.
plan that are deducted from an employee's pay. See Box
If the excess payments are considered to be wages,
12—Codes for Code AA, Code BB, and Code EE for
report the 20% excise tax withheld as income tax withheld
reporting designated Roth contributions.
in box 2.
Required employee contributions.
Code L—Substantiated employee business
Employer matching contributions.
expense reimbursements. Use this code only if you
Code D—Elective deferrals under a section 401(k)
reimbursed your employee for employee business
cash or deferred arrangement (plan). Also show
expenses using a per diem or mileage allowance and the
deferrals under a SIMPLE retirement account that is part
amount that you reimbursed exceeds the amount treated
of a section 401(k) arrangement.
as substantiated under IRS rules. See Employee business
expense reimbursements.
Example of reporting excess elective deferrals
and designated Roth contributions under a section
Report in box 12 only the amount treated as
401(k) plan. For 2017, Employee A (age 45) elected to
substantiated (such as the nontaxable part). Include in
defer $18,300 under a section 401(k) plan. The employee
boxes 1, 3 (up to the social security wage base), and 5 the
also made a designated Roth contribution to the plan of
part of the reimbursement that is more than the amount
$1,000, and made a voluntary (non-Roth) after-tax
treated as substantiated. Report the unsubstantiated
contribution of $600. In addition, the employer, on A's
amounts in box 14 if you are a railroad employer.
behalf, made a qualified nonelective contribution of
Code M—Uncollected social security or RRTA tax
$2,000 to the plan and a nonelective profit-sharing
on taxable cost of group-term life insurance over
employer contribution of $3,000.
$50,000 (for former employees). If you provided your
former employees (including retirees) more than $50,000
Even though the 2017 limit for elective deferrals and
of group-term life insurance coverage for periods during
designated Roth contributions is $18,000, the employee's
which an employment relationship no longer exists, enter
total elective deferral amount of $18,300 is reported in
the amount of uncollected social security or RRTA tax on
box 12 with code D (D 18300.00). The designated Roth
the coverage in box 12. Do not include this amount in
contribution is reported in box 12 with code AA (AA
box 4. Also see Group-term life insurance.
1000.00). The employer must separately report the actual
Code N—Uncollected Medicare tax on taxable cost
amounts of $18,300 and $1,000 in box 12 with the
of group-term life insurance over $50,000 (for former
appropriate codes. The amount deferred in excess of the
employees). If you provided your former employees
limit is not reported in box 1. The return of excess salary
(including retirees) more than $50,000 of group-term life
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General Instructions for Forms W-2 and W-3 (2017)
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