What is box 14 on w2?

Box 14 of the W-2 form is a catch-all for information that doesn't fit into any of the other numbered boxes. It's used by employers to report items that are beneficial or informative to employees, and may be required for state or local tax purposes. There aren't specific, pre-defined categories like the other boxes, which means the contents can vary widely. Common examples include:

• <a href="https://www.wikiwhat.page/kavramlar/State%20disability%20insurance">State disability insurance</a> (SDI) contributions: This shows how much you contributed to a state program that provides benefits if you're temporarily unable to work due to illness or injury.

• <a href="https://www.wikiwhat.page/kavramlar/After-tax%20contributions">After-tax contributions</a> to retirement plans: If you made contributions to a retirement plan (like a 401(k)) with money you already paid taxes on (i.e., not pre-tax deductions), this amount is reported here.

• <a href="https://www.wikiwhat.page/kavramlar/Union%20dues">Union dues</a>: The amount you paid in union dues during the year.

• <a href="https://www.wikiwhat.page/kavramlar/Health%20insurance">Health insurance</a> premiums: Sometimes, employer-paid health insurance premiums may be reported here, especially for specific types of coverage or if it's required for state reporting.

• Other deductions: Other items deducted from your pay, like employee stock purchase plan contributions or other benefits.

It's crucial to carefully review the description associated with the amount in Box 14. The employer should provide a clear label explaining what the amount represents. This information is used when filing your state or local taxes, and can also affect your eligibility for certain deductions or credits.