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January 31, 2024
Question

Any one know what this means and what I do about it.

  • January 31, 2024
  • 1 reply
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Form W-2 (HIGH POINT ROOFING LLC): Box 12 code --We're updating how SEP and SIMPLE plan contributions are reported on the tax return based on new guidance from the IRS. Please check back with us soon.

1 reply

KrisD15
January 31, 2024

Because of the Secure 2.0 Act, some tax rules are on retirement plans  (Box 12) are being changed and the software needs to be updated as well. 

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