If you’ve ever looked at your W-2 form, you might have noticed Box 12 filled with a bunch of letters and numbers. It can be pretty confusing at first, but understanding what those codes mean is super ...

The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers. Wondering ...

The IRS announced that employers will use a new code in box 12 of the 2001 form W-2. Box 12 states the amount of benefits includable as wages on which the employee’s share of taxes has been paid. Code ...