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February 10, 2021
Question

What category do I select for S125 benefits in Box 14 of my w-2 form?

  • February 10, 2021
  • 1 reply
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1 reply

GloriaL
February 10, 2021

Code S125 refers to a Section 125 plan which describes payroll deductions for an employee benefit.

   

If the S125 is an employee benefit that has already been removed from Wages in box 1, then, choose a category of Other (not classified).