Knowledge Base Article 1 Year ago, W2, Box 12 Coded "C" Cost of group-term life insurance of $50,000 (None) For 2019 Proseries, "Other Adjustments to Income" WHY?

[catherine]

Box 12 Code C (GTL in excess of $50k) is showing up in OTHER ADJUSTMENTS to INCOME SMART WORKSHEET as "Contributions to Section 501(c)(18)(D) Pension Plans"  Which is NOT Correct.  Also STATE FORM is picking this up.

[catherine]

Will Need to CALL INTUIT TECH SUPPORT - APPEARS TO BE A BUG WITH PROSERIES PROFESSIONAL

[catherine]

Called INTUIT, the magnifying glass pointed to the WRONG W2.  The OTHER W2 had CODE H which is 501(c)(18)(D) Pension Plan with THE EXACT SAME $$$

[itonewbie · Accepted solution]

What exactly is your question?

GTL in excess of $50k is included as compensation and subject to FICA.  Code C on the W-2 is only for information reporting purposes and would not need to be separately added back to Line 7.

[catherine]

According to Knowledge Base Article, Code C should NOT appear on TAX RETURN.  However it's showing under "Other Adjustments to Income"

[Just-Lisa-Now-]

Where do you see "other adjustments to income"?  Which line is it appearing on?  I just added the Code C to a W2 and Im not seeing that figure appear anywhere on the return.

[rbynaker]

Yeah, I have Code C's all the time, never goes anywhere.

[itonewbie]

That's what I'd think.  Looks like the OP or someone else recommended the answer that there's a bug in PS.  Would really confuse others if this is not true.

[Just-Lisa-Now-]

I just had 2 on Friday with a Code C....I'll have to go back and check and see if this is something new since the last update maybe....I know I checked it 5 days ago.

[catherine]

Box 12 Code C (GTL in excess of $50k) is showing up in OTHER ADJUSTMENTS to INCOME SMART WORKSHEET as "Contributions to Section 501(c)(18)(D) Pension Plans"  Which is NOT Correct.  Also STATE FORM is picking this up.

[itonewbie]

@Ashley at Intuit (aka Henry Jr) Hi, Ashley, haven't seen this one before.  Would you be able to verify?  Thanks!

[catherine]

SCREEN SHOT is available