BobKamman
Level 15
02-02-2025
02:05 PM
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The IRS instructions for preparing W-2 forms state:
Code G—Elective deferrals and employer
contributions (including nonelective deferrals) to any
governmental or nongovernmental section 457(b)
deferred compensation plan.
Up until about 1986, here in Arizona, these were after-tax. Since then, they are pre-tax and not shown in Box 1.
What may be confusing is that the instructions also state:
The following are not elective deferrals and may be
reported in box 14, but not in box 12.
• Nonelective employer contributions made on behalf of
an employee
But the specific (government employees) applies over the general (everyone else).