2024 Wage and Tax Statement

W2 Box

Explanation

a

SSN as entered on Core/Employee record.

b

Employer Federal EIN as entered on W2 Report and Submission. Found in Core/Organization/Federal Ein field.

c

District name and address as entered on W2 Report and Submission.

e

Name as entered on Core/Employee record.

Legal name always prints first. If Legal name is blank, uses Name field.

f

Address as entered on Core/Employee record

1

YTD applicable gross on 001-Federal Payroll Item record

2

YTD withholding total on 001-Federal Payroll Item record

3

YTD applicable gross on 692/693 Payroll Item record Type-Social Security Tax

4

YTD withholding total on 692/693 and 694/695 Payroll Item record Type of Social Security Tax

5

YTD applicable gross on 692/693 Payroll Item record Type-Medicare Tax

6

YTD withholding total on 692/693 and 694/695 Payroll Item record Type-Medicare Tax

10

YTD withholding on Dependent Care amount found in Core/Adjustments with Type- Dependent Care, or withheld with Payroll Item marked as Dependent Care.

12

C	Cost of life insurance over $50,000	Taxable cost of group-term life insurance over $50,00. Total of payments processed using the Pay Type of Life Insurance Premium or Adjustments to the Federal Tax Payroll Item and Type of Life Insurance Premium.
D	401(k) amounts	Elective deferrals under a section 401(k) cash or deferred arrangement plan (including a SIMPLE 401(k) arrangement). YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Annuity, with Annuity Type = 401K.
E	403(b)	Elective deferrals under a section 403(b) salary reduction agreement. YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Annuity, with Annuity Type = 403B.
F	408(k) (6)	Elective deferrals under a section 408(k) YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Annuity, with Annuity Type = 408K.
G	457	Elective deferrals and employer contributions (including nonelective deferrals) to any governmental or nongovernmental section 457(b) deferred compensation plan. YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Annuity, with Annuity Type = 457
H	501c (18) (d)	Elective deferrals under section 501(c) (18)(D) tax-exempt organization plan. YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Annuity, with Annuity Type = 501c
J	Non taxable sick pay	Nontaxable sick pay. Core/Adjustments to the 001-Federal Tax Payroll Item with Type = Third Party Pay
P	Excludable moving expenses - Armed Forces only	Excludable moving expense reimbursements paid directly to a member of the U.S. Armed Forces. Core/Adjustments to the 001-Federal Tax Payroll Item with Type = Moving Expenses.
R	Employer contributions to an Archer MSA	Employer contributions to an Archer MSA.
T	Adoption benefits	Adoption benefits. Total of payments processed using the Pay Type of Adoption Assistance or Core/Adjustments to the 001-Federal Tax Payroll Item with Type = Adoption Assistance.
W	Employer contributions to Health Savings Accounts	Employer contributions to a health savings account (HSA). YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Health Savings Account with Annuity Type = Other.
AA	Designated Roth contributions to section 401(k) plan	Designated Roth contributions under a section 401(k) plan YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Regular, with Designated Roth Type = Contributions to 401K.
BB	Designated Roth contributions under section 403 (b) salary reduction agreements	Designated Roth contributions under a section 403(b) plan. YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Regular, with Designated Roth Type = Contributions to 403(b).
DD	Cost of employer-sponsored health coverage	Cost of employer-sponsored health coverage. YTD withholding and employer withholding on all Payroll Item(s) with the Payroll Item Configuration set to Employer Health Coverage checkbox marked.
EE	Designated Roth contributions under a governmental section 457(b) plan	Designated Roth contributions under a governmental section 457(b) plan YTD withholding on all Payroll Item(s) with the Payroll Item Configuration set to Regular, with Designated Roth Type = Contributions to 457(b).
FF	Use this code to report the total amount of permitted benefits under a QSEHRA The maximum reimbursement for an eligible employee under a QSEHRA is $4,950 ($10,000 if it also provides reimbursements for family members), before indexing for Inflation.	Designated Roth contributions under a governmental section 457(b) plan. Applies to small businesses.

13

Retirement Plan:

401(a)
401(k)
403(b)
408(k)
501c(18)

This is based on the value in each employee's 001-Federal Tax payroll item, Pension Plan field value.

14

Leased vehicle amount as entered in Core/Adjustments with Type of Vehicle Lease or any other specified Payroll Item codes entered when running W2 Report and Submission.
Fringe Benefits

15

OH followed by the value in Core/Organization/State Ein field.

XX followed by the value in the Core/Payroll Item Configuration/State Id field for Other States.

16

YTD applicable gross amount on 002-Ohio or other State Payroll Item records

17

YTD deduct total on 002-Ohio or other State Payroll Item records

18

YTD applicable gross amount on all City or OSDI Payroll Item records

19

YTD deduct total on all City or OSDI Payroll Item records

20

W2 abbreviation as entered on City or OSDI Payroll Item Configuration record

W2 Boxes Explanation

2024 Wage and Tax Statement