Guest tajcc Posted November 10, 2006 Posted November 10, 2006 Can someone tell me if Box 5 on the Form W-2 includes Section 125 deferrals? Thank you!
Leopurrd Posted November 10, 2006 Posted November 10, 2006 Nope. If you're looking for gross comp for plan purposes, you'll need to request that from the plan sponsor. They probably have a payroll report they can pull.
Guest tajcc Posted November 10, 2006 Posted November 10, 2006 So the box 5 does not include the Section 125 wages - they will need to add the box 5 and Section 125 wages correct? Thank you.
JanetM Posted November 10, 2006 Posted November 10, 2006 Yes, you add medicare wages to section 125 to get gross. What are you trying to get from W-2? JanetM CPA, MBA
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