Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    w 2 box 12 code V how do I handle this amount

    ABRAHAM
    Level 2

    W2 Box 12 Code V- is this amount already included in the wages (Box 1)

    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    3 Comments 3
    Just-Lisa-Now-
    Level 15
    Level 15

    Do you have the 1099B showing the sale of the stocks as well?


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    0 Cheers
    abctax55
    Level 15
    Accountant-Man
    Level 13

    Code V is for stock options, true, unless the W2 is from the Defense Dept. Then it's for pre-tax medical.

    ** I'm still a champion... of the world! Even without The Lounge.
    0 Cheers