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View Full Version : Box 14 - Sec125. Should I enter tax return?


sreeja_19
Feb 2, 2008, 09:52 PM
Hello,

I have an entry in Box 14 on my W2 for Sec125. I think it is Health Insurance for my spouse which I added in March 2007.
I am however not sure if I should add that while filing my returns? How will that affect my total refund?
I am using Taxact online filing and have an entry for Box 14 but it states it as Railroad taxes. I don't think it is that.

BTW: I am married filing jointly with my spouse. I am the only earning partner for last year. I am on H1 and my spouse on EAD.

Looking forward to your reply. Much appreciated.

--Sreeja

AtlantaTaxExpert
Feb 4, 2008, 10:06 AM
Sreeja:

You do NOT add it to your return. The Sec125 refers to the IRC section which allows you to pay health insurance premiums with pre-tax dollars.

Just ignore it; it is NOT relevant to your efiled reurn.