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Best answer by PattiF

 SEC 125 is your employer's benefit plan. It is also known as a "cafeteria plan". Usually, what is reported there is your medical insurance premiums that are paid with pre-tax income. They are not taxed and are not included in your W-2 Box 1 wages so you can not deduct them as medical expenses.

1 reply

PattiFAnswer
April 9, 2022

 SEC 125 is your employer's benefit plan. It is also known as a "cafeteria plan". Usually, what is reported there is your medical insurance premiums that are paid with pre-tax income. They are not taxed and are not included in your W-2 Box 1 wages so you can not deduct them as medical expenses.

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January 12, 2024

What is the turbotax reply to the Box 14 and supplemental statement, category reply?  

 

     Box 14. This box is used to provide the following information:
     Section 125 (cafeteria plan) pretax benefits program for insurance premiums and/or medical  reimbursements. The amount is not included ni boxes ,1 3, or 5.