(Ä­n tÅâ²tÅ). adv. Totally; altogether: recommendations that were adopted in toto. [Latin. : , in +. , ablative of.
You enter the information from box 12 of your W-2 into the Box 12 of Turbotaxâs W-2. On your (paper) W-2, they are listed 12a, 12b, and so on. In Turbotax there are just four lines for you to enter the codes and the amounts. Code D is 401k contributions.
An entry in box 12 or an âXâ in the Retirement box is an indicator that the taxpayer may be eligible for this credit. A full description of all codes used in box 12 can be found in Instructions for Forms W-2 and W-3. â¢ An entry in box 14 on the W-2 may also indicate a contribution to a state retirement system. Caution: If these are treated as employer contributions they are not eligible for the credit. See Form W-2 Instructions. â¢ When using tax software, remember to key in all entries as they appear on the Form W-2.