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February 14, 2023
Question

Is the deduction for WV teachers and public employees on code G an automatic deduction

  • February 14, 2023
  • 1 reply
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1 reply

February 14, 2023

Yes, if this is a Code G in Box 12 of your Form W-2, then this it is 457(b) plan tax deferred income and is not included in your Box 1 taxable income.