Form W-2 - Wage And Tax Statement - 2013 (Page 7 of 11) in pdf

Instructions for Employee

Box 12. The following list explains the codes shown in box 12. You may

(Also see Notice to Employee,

need this information to complete your tax return. Elective deferrals (codes

on the back of Copy B.)

D, E, F, and S) and designated Roth contributions (codes AA, BB, and EE)

under all plans are generally limited to a total of $17,500 ($12,000 if you only

Box 1. Enter this amount on the wages line of your tax return.

have SIMPLE plans; $20,500 for section 403(b) plans if you qualify for the

Box 2. Enter this amount on the federal income tax withheld line of your tax

15-year rule explained in Pub. 571). Deferrals under code G are limited to

return.

$17,500. Deferrals under code H are limited to $7,000.

Box 5. This amount may be required to be entered on Form 8959. See Form

However, if you were at least age 50 in 2013, your employer may have

1040 instructions to determine if you are required to complete Form 8959.

allowed an additional deferral of up to $5,500 ($2,500 for section 401(k)(11)

Box 6. This amount includes the 1.45% Medicare Tax withheld on all

and 408(p) SIMPLE plans). This additional deferral amount is not subject to

Medicare wages and tips shown in Box 5, as well as the 0.9% Additional

the overall limit on elective deferrals. For code G, the limit on elective

Medicare Tax on any of those Medicare wages and tips above $200,000.

deferrals may be higher for the last 3 years before you reach retirement age.

Contact your plan administrator for more information. Amounts in excess of

Box 8. This amount is not included in boxes 1, 3, 5, or 7. For information on

the overall elective deferral limit must be included in income. See the

how to report tips on your tax return, see your Form 1040 instructions

“Wages, Salaries, Tips, etc.” line instructions for Form 1040.

You must file Form 4137, Social Security and Medicare Tax on Unreported

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

Tip Income, with your income tax return to report at least the allocated tip

make-up pension contribution for a prior year(s) when you were in military

amount unless you can prove a smaller amount with adequate records. If

service. To figure whether you made excess deferrals, consider these

you have records that show the actual amount of tips you received, report

amounts for the year shown, not the current year. If no year is shown, the

that amount even if it is more or less than the allocated tips. On Form 4137

contributions are for the current year.

you will figure the social security and Medicare tax owed on the allocated

tips shown on your Form(s) W-2 that you must report as income and on other

A—Uncollected social security or RRTA tax on tips. Include this tax on Form

tips you did not report to your employer. By filing Form 4137, your social

1040. See “Other Taxes” in the Form 1040 instructions.

security tips will be credited to your social security record (used to figure

your benefits).

B—Uncollected Medicare tax on tips. Include this tax on Form 1040. See

Box 10. This amount is the total dependent care benefits that your employer

“Other Taxes” in the Form 1040 instructions.

paid to you or incurred on your behalf (including amounts from a section 125

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

(cafeteria) plan). Any amount over $5,000 is also included in box 1. Complete

1, 3 (up to social security wage base), and 5)

Form 2441, Child and Dependent Care Expenses, to compute any taxable

and nontaxable amounts.

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

Box 11. This amount is (a) reported in box 1 if it is a distribution made to you

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

from a nonqualified deferred compensation or nongovernmental section

section 401(k) arrangement.

457(b) plan or (b) included in box 3 and/or 5 if it is a prior year deferral under a

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

nonqualified or section 457(b) plan that became taxable for social security

and Medicare taxes this year because there is no longer a substantial risk of

(continued on back of Copy 2)

forfeiture of your right to the deferred amount. This box should not be used if

you had a deferral and a distribution in the same calendar year. If this

happens and you are or will be age 62 by the end of the calendar year, your

employer should file Form SSA-131 with the Social Security Administration

and give you a copy.

Form W-2 - Wage And Tax Statement - 2013 Page 7

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