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- Is it correct to have an amount in box 1 and box 12 for third party sick pay? Box 1 is higher than 12
Is it correct to have an amount in box 1 and box 12 for third party sick pay? Box 1 is higher than 12
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spmoynihan
Level 1
02-15-2022
03:22 PM
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Box 1amount: $5217, Box 12a: Code J $354, Box 14: 3rd Party Sick Pay $5271
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George4Tacks
Level 15
02-15-2022
07:34 PM
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Why do you leave us to guess that you are talking about a W-2? There is lots of room to type more information.
Assuming W-2 - YES
Box 12 is explaining that an itty bitty amount is tax free. Box 14 is informational that the rest of it was paid for by somebody else and NOT a taxpayer policy, so they now have the privilege of paying tax on it.
Answers are easy. Questions are hard!
