Ask Experts Questions for FREE Help !
Ask
    dumb dumb's Avatar
    dumb dumb Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 16, 2009, 04:55 PM
    I'm not understanding cafeteria plan 125
    I don't understand why everyone I work with that has benefits from work has cafeteria plan 125 on w2.Nobody knows what it is even managers and I've looked it up and it seems like something we all would have had to sign up for and learned about.It's starting to look like a scam.I called our payroll woman and she said it was just our health insurance and wasn't a special plan.Maybe,but I don't get it.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 17, 2009, 12:43 AM

    This is wage amount and is not included in W2 box 1, 3 or 5 or any other box. It is medical flexible spending account set by your employer.
    If it is reported on W2 (not in any box), you don't do anything about this.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Cafeteria Set Up [ 1 Answers ]

I'm creating, for class, setting up a small cafeteria for the workers in the building. How do I start?

Cafeteria Plan and 1099's [ 1 Answers ]

I participated in a Section 125/Cafeteria Plan when working for my former employer. I incurred continuous daycare expenses and received reimbursement through the end of my employment. I received a 1099 Miscellaneous income about 2 days ago. When asked, my former employer said they couldn't find...

Maintenance of Cafeteria Appilances [ 1 Answers ]

Hello, I M working in Call Center with 24 x 7 Process Mumbai We are looking for Maintenance of our Appliances Please refer attached Copy of The same

Understanding: [ 42 Answers ]

Why should people believe that all religious understanding is relative and that no one interpretation is absolute? HANK :confused:


View more questions Search