Employee Benefits

Forum|Forum|1 year ago
January 21, 2025
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Where do I report employee pretax contributions to a section 125 cafeteria plan on a W-2? Also what is the difference between a cafeteria plan and medical insurance premiums? The cafeteria plan includes dental and gap medical but employees also contribute pretax to a medical plan. Where does the medical plan get reported on a W-2?

rjs

Employee

You don't report anything. Your employer has already deducted the cafeteria plan and medical insurance premiums from the wages shown in box 1 of your W-2. There is nothing that you have to do about it.

Technically the medical insurance premiums are probably part of the cafeteria plan. Your employer might choose to show the amount separately for your information.

Cafeteria plan contributions and medical insurance premiums are not shown a W-2. Your employer might choose to show them in box 14, usually with the notation SEC125, but that is just for your information and has no effect on your taxes. Some W-2s have a statement attached or included that shows cafeteria plan contributions, medical insurance premiums, and other information, but that is not part of the actual W-2.