My W2 form has a line for Gross Pay, less other Cafe 125 line, and reported W-2 Wages. can i deducte the Cafe 125 amount if my employeer did not include that amount in the reported W-2 Wages line?
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Brian J
8 months ago
Any Section 125 deductions have already been subtracted from the amount in Box 1 on your W-2. You may not take any further deductions for those amounts.
Zadddd
8 months ago
If your employer did not include that amount in your W-2 wages box, that means that it’s already been deducted from that income. I don’t think that you’d be allowed to deduct that twice.
The W-2 summary form is just that — a summary form for your information only. What does your W-2 indicate? That’s what’s important.