Langford Market Corp Form W-2
Langford Market Corp Form W-2
654-98-1246
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29,898.01
120,000.00
85-1400429
7,254.00
120,000.00
120,000.00
d Control number
e Employees first name and initial
13
Livia Johnson
6598 W. 45th Street
Austin, TX 78731
1,740.00
Last name
8 Allocated tips
Statutory
employee
Retirement
plan
Third-party
sick pay
12b
C
o
d
e
12c
14 Other
C
o
d
e
12d
C
o
d
e
Form
W-2
2013
20 Locality name
Notice to Employee
Do you have to file? Refer to the Form 1040 Instructions
to determine if you are required to file a tax return. Even if
you do not have to file a tax return, you may be eligible for
a refund if box 2 shows an amount or if you are eligible for
any credit.
Earned income credit (EIC). You may be able to take the
EIC for 2013 if your adjusted gross income (AGI) is less
than a certain amount. The amount of the credit is based
on income and family size. Workers without children could
qualify for a smaller credit. You and any qualifying children
must have valid social security numbers (SSNs). You
cannot take the EIC if your investment income is more than
the specified amount for 2013 or if income is earned for
services provided while you were an inmate at a penal
institution. For 2013 income limits and more information,
visit www.irs.gov/eitc. Also see Pub. 596, Earned Income
Credit. Any EIC that is more than your tax liability is
refunded to you, but only if you file a tax return.
Clergy and religious workers. If you are not subject to
social security and Medicare taxes, see Pub. 517, Social
Security and Other Information for Members of the Clergy
and Religious Workers.
Corrections. If your name, SSN, or address is incorrect,
correct Copies B, C, and 2 and ask your employer to
correct your employment record. Be sure to ask the
employer to file Form W-2c, Corrected Wage and Tax
Statement, with the Social Security Administration (SSA)
Box 1. Enter this amount on the wages line of your tax return.
Box 2. Enter this amount on the federal income tax withheld line of your tax
return.
Box 5. This amount may be required to be entered on Form 8959. See Form
1040 instructions to determine if you are required to complete Form 8959.
Box 6. This amount includes the 1.45% Medicare Tax withheld on all
Medicare wages and tips shown in Box 5, as well as the 0.9% Additional
Medicare Tax on any of those Medicare wages and tips above $200,000.
Box 8. This amount is not included in boxes 1, 3, 5, or 7. For information on
how to report tips on your tax return, see your Form 1040 instructions.
You must file Form 4137, Social Security and Medicare Tax on Unreported
Tip Income, with your income tax return to report at least the allocated tip
amount unless you can prove a smaller amount with adequate records. If
you have records that show the actual amount of tips you received, report
that amount even if it is more or less than the allocated tips. On Form 4137
you will figure the social security and Medicare tax owed on the allocated
tips shown on your Form(s) W-2 that you must report as income and on other
tips you did not report to your employer. By filing Form 4137, your social
security tips will be credited to your social security record (used to figure
your benefits).
Box 10. This amount is the total dependent care benefits that your employer
paid to you or incurred on your behalf (including amounts from a section 125
(cafeteria) plan). Any amount over $5,000 is also included in box 1. Complete
Form 2441, Child and Dependent Care Expenses, to compute any taxable
and nontaxable amounts.
Box 11. This amount is (a) reported in box 1 if it is a distribution made to you
from a nonqualified deferred compensation or nongovernmental section
457(b) plan or (b) included in box 3 and/or 5 if it is a prior year deferral under a
nonqualified or section 457(b) plan that became taxable for social security
and Medicare taxes this year because there is no longer a substantial risk of
forfeiture of your right to the deferred amount. This box should not be used if
you had a deferral and a distribution in the same calendar year. If this
happens and you are or will be age 62 by the end of the calendar year, your
employer should file Form SSA-131 with the Social Security Administration
and give you a copy.
Box 12. The following list explains the codes shown in box 12. You may
need this information to complete your tax return. Elective deferrals (codes
D, E, F, and S) and designated Roth contributions (codes AA, BB, and EE)
under all plans are generally limited to a total of $17,500 ($12,000 if you only
have SIMPLE plans; $20,500 for section 403(b) plans if you qualify for the
15-year rule explained in Pub. 571). Deferrals under code G are limited to
$17,500. Deferrals under code H are limited to $7,000.
However, if you were at least age 50 in 2013, your employer may have
allowed an additional deferral of up to $5,500 ($2,500 for section 401(k)(11)
and 408(p) SIMPLE plans). This additional deferral amount is not subject to
the overall limit on elective deferrals. For code G, the limit on elective
deferrals may be higher for the last 3 years before you reach retirement age.
Contact your plan administrator for more information. Amounts in excess of
the overall elective deferral limit must be included in income. See the
Wages, Salaries, Tips, etc. line instructions for Form 1040.
Note. If a year follows code D through H, S, Y, AA, BB, or EE, you made a
make-up pension contribution for a prior year(s) when you were in military
service. To figure whether you made excess deferrals, consider these
amounts for the year shown, not the current year. If no year is shown, the
contributions are for the current year.
AUncollected social security or RRTA tax on tips. Include this tax on Form
1040. See Other Taxes in the Form 1040 instructions.
BUncollected Medicare tax on tips. Include this tax on Form 1040. See
Other Taxes in the Form 1040 instructions.
CTaxable cost of group-term life insurance over $50,000 (included in boxes
1, 3 (up to social security wage base), and 5)
DElective deferrals to a section 401(k) cash or deferred arrangement. Also
includes deferrals under a SIMPLE retirement account that is part of a
section 401(k) arrangement.
EElective deferrals under a section 403(b) salary reduction agreement
Copy C)
Box 14. Employers may use this box to report information such as state
disability insurance taxes withheld, union dues, uniform payments,
health insurance premiums deducted, nontaxable income, educational
assistance payments, or a member of the clergy's parsonage allowance
and utilities. Railroad employers use this box to report RRTA
compensation, Tier I tax, Tier II tax, Medicare tax and Additional
Medicare Tax.
Note. Keep Copy C of Form W-2 for at least 3 years after the due date
for filing your income tax return. However, to help protect your social
security benefits, keep Copy C until you begin receiving social security
benefits, just in case there is a question about your work record and/or
earnings in a particular year.