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Level 6
February 14, 2020
Question

PUCC amount reported on Box 14 of W2

  • February 14, 2020
  • 3 replies
  • 36 views

A client's W2 has an amount reported in Box 14 for PUCC (personal use of company vehicle). My understanding is this is taxable, but has it already been reported in Box 1? Do I need to do anything with the amount reported in Box 14?

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3 replies

Level 2
February 14, 2020

It should already be included in Box 1 wages. You don't need to do anything else with it.

IRonMaN
Level 15
February 14, 2020

Box 14 is just informational.  It kinda helps explain why box 1 might be different from the client's last payroll check.

Slava Ukraini!
ptax255Author
Level 6
February 14, 2020

Great! Thanks for confirming!