Skip to main content
Level 3
February 15, 2021
Question

Florida school county Form W-2

  • February 15, 2021
  • 7 replies
  • 33 views

Client is a teacher in the Palm Beach County school system and the Form W-2 shows an amount in Box 14 coded "FRS" for contributions to the Florida Retirement System. The amount shown reduces the FICA/Medicare wages to arrive at taxable wages.  How should it be coded as a Box 12 item to accomplish the correct treatment?

This topic has been closed for replies.

7 replies

Camp1040
Level 10
February 15, 2021

Box 14 is informational.

You do not need to enter anything into Box 12. 

Generally the amount contributed is subject to FICA/Medicare and Box 1 of the W2 form is less than box 3 & 5. The difference in the totals should be the amount in Box 14.

Ghaber01Author
Level 3
February 15, 2021

If you have the "Automatically calculate ..." box checked it will not compute correctly unless the item we are discussing is entered in Box 12.

Camp1040
Level 10
February 15, 2021

Uncheck autocalculate and enter the amounts from the W2 form,