The following are the suggested Deduction Code Ranges Deduction # | Description |
---|
1000-1010 | Hard coded to represent RESTRICTED Reserved for FICA in all tax reporting. Must only be used for FICAAmounts under deductions in this range are reported as FICA Wages & FICA Tax in Boxes 2 and 4 of the W-2. | 1100-1110Hard coded to represent | RESTRICTED Reserved for Medicare in all tax reporting. Must only be used for MedicareAmounts under deductions in this range are reported as Medicare Wages & Medicare Tax in Boxes 5 & 6 of the W-2. | 2000-2299 | Tax Sheltered Annuity | 2300-2399 | OPEN - User Defined (Can be used for pre-tax retirement) | 2400-2799 | Section 125 (FICA-exempt) | 2800-2999 | Deferred Compensation | 3000-3010 | Hard coded to represent RESTRICTED Reserved for Federal Income Tax (FIT) in all tax reporting. Must only be used for Amounts under deductions in this range are reported as Federal Wages & Federal Income Tax in Boxes 1 & 2 of the W-2. | 3100Hard coded to represent | RESTRICTED Reserved for EIC - Earned Income Credit in all tax reporting. Must only be used for EIC - Earned Income Credit | 4000-4999Hard coded to represent | RESTRICTED Reserved for State Income Tax (SIT) in all tax reporting. Must only be used for Amounts under deductions in this range are reported as State Wages & State Income Tax in Boxes 16 & 17 of the W-2. | 5000-5999 | Hard coded to represent RESTRICTED Reserved for Local Income Tax in all tax reporting. Must only be used for Amounts under deductions in this range are reported as Local Wages & Local Income Tax in Boxes 18 & 19 of the W-2. | 6000-6999 | Garnishments/levies | 7000-7999 | Retirement (State, County, and so on) | 8000-8999 | Post-tax Benefits, Union Dues, Other Miscellaneous Deductions | 9000-9999 | Recommended to set 9999 as Net Direct Deposit |
|