How do I know that my commuter benefit (pre-tax transit) was properly recorded?

Forum|Forum|6 years ago
June 6, 2019
1 reply
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There is a box 14 drop down, but how do I know that I put it in so that the system recognizes it as a deduction?

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Best answer by bwa

It is not a deduction, it is an exclusion from income. The result is the same. If you entered the W-2 correctly, it should be excluded as your employer should have already excluded it from taxable wages on your W-2.

bwaAnswer

Employee

cynthia-neipris

I understand transitchex is non-taxable, but there are two NY tax exempt categories in 14DD and I'm not sure which to use.

KrisD15

If the amount is for TransitCheck Commuter benefits, the code for Box 14 on your W-2 might show as IRC132. There is no adjustment needed for your state return for that amount so you can leave Box 14 blank or select the last option "Other (not classified)

NY IRC 414 (h) is for reporting public employee retirement contributions and may need to be added to the state income

NY 125 SEC 18 is for Flexible Spending Accounts and may need to be added to state income.

@cynthia-neipris

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