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On my w2 in box 14 is the code pucc private use company car, and a $ amount Box 20 is the name of the locality This code is not recognized, and in the drop menu given there is no appropriate selection?
Box 14 on w2 says pucc $720 Box 19 is the local tax withheld from your paycheck This is imputed wage income based on m company car
Which item from the drop down box should i select regarding this?
You don't even need to enter it, or leave the description blank or select other (or whatever the program's nearest choice to that is.) box 14, in the main, is simply memo information How do i enter the insurance piece in tt in order to get my deduction? In box 14 of my w2, there is an amount for my car allowance Do i need to list that amount as a reimbursement of a business expense
It is not included in box 1 If you take the amount in box 5 (medicare wages) and subtract the amount in box 14 (car), and box 12 (d, elective deferals to my retirem. I purchased a truck in february 2022 that qualifies for section 179 tax deduction I opened up my own s corp 2 months ago
The truck is under my personal name
Turbotax online open or continue your return When you get to box 14, enter clergy housing in the description box, followed by the amount Where is the employer portion reported Or do we just send in our payment along with the employee withholdings, and there's nothing to report?
I am sole owner of s corp Box 18 is the amount of local wages
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