However, if you were at least age 50 in 2015, your employer may have allowed an
additional deferral of up to $6,000 ($3,000 for section 401(k)(11) and 408(p)
SIMPLE plans). This additional deferral amount is not subject to the overall
limit on elective deferrals. For code G, the limit on elective deferrals may be
higher for the last 3 years before you reach retirement age. Contact your plan
administrator for more information. Amounts in excess of the overall elective
deferral limit must be included in income.
A - Uncollected social security or RRTA tax on tips. Include
this tax on Form 1040. See “Total Tax” in the Form 1040 instructions.
B - Uncollected Medicare tax on tips. Include this tax on Form
1040. See “Total Tax” in the Form 1040 instructions.
C - Taxable cost of group-term life insurance over $50,000
(included in boxes 1, 3 (up to social security wage base), and 5)
D- Elective deferrals to a section 401(k) cash or deferred
arrangement. Also includes deferrals under a SIMPLE retirement account that is
part of a section 401(k) arrangement.
E - Elective deferrals under a section 403(b) salary reduction
agreement
F - Elective deferrals under a section 408(k)(6) salary
reduction SEP
G - Elective deferrals and employer contributions (including
nonelective deferrals) to a section 457(b) deferred compensation plan
H - Elective deferrals to a section 501(c)(18)(D) tax-exempt
organization plan. See “Adjusted Gross Income” in the Form 1040 instructions
for how to deduct.
J - Nontaxable sick pay (information only, not included in
boxes 1, 3, or 5)
K - 20% excise tax on excess golden parachute payments. See
“Total Tax” in the Form 1040 instructions.
L - Substantiated employee business expense reimbursements
(nontaxable)
M - Uncollected social security or RRTA tax on taxable cost of
group-term life insurance over $50,000 (former employees only). See “Total Tax”
in the Form 1040 instructions.
N - Uncollected Medicare tax on taxable cost of group-term life
insurance over $50,000 (former employees only). See “Total Tax” in the Form
1040 instructions.
P - Excludable moving expense reimbursements paid directly to
employee (not included in boxes 1, 3, or 5)
Q - Nontaxable combat pay. See the instructions for Form 1040
or Form 1040A for details on reporting this amount.
R - Employer contributions to your Archer MSA. Report on Form
8853, Archer MSAs and Long-Term Care Insurance Contracts.
S - Employee salary reduction contributions under a section
408(p) SIMPLE (not included in box 1)
T - Adoption benefits (not included in box 1). Complete Form
8839, Qualified Adoption Expenses, to compute any taxable and nontaxable
amounts.
V - Income from exercise of nonstatutory stock option(s)
(included in boxes 1, 3 (up to social security wage base), and 5). See Pub. 525
and instructions for Schedule D (Form 1040) for reporting requirements.
W - Employer contributions (including amounts the employee
elected to contribute using a section 125 (cafeteria) plan) to your health
savings account. Report on Form 8889, Health Savings Accounts (HSAs).
Y - Deferrals under a section 409A nonqualified deferred
compensation plan
Z - Income under section 409A on a nonqualified deferred
compensation plan. This amount is also included in box 1. It is subject to an
additional 20% tax plus interest. See “Total Tax” in the Form 1040
instructions.
AA - Designated Roth contributions under a section 401(k) plan
BB - Designated Roth contributions under a section 403(b) plan
DD - Cost of employer-sponsored health coverage. The amount reported with Code DD is not taxable.
EE - Designated Roth contributions under a gover nmental
section 457(b) plan. This amount does not apply to contributions under a tax-
exempt or ganization section 457(b) plan.