1040-US: Form W-2, Box 12, Code L - Substantiated Employee Business Expense Reimbursements

Alerts and notices

Form W-2, Box 12, Code L amount will transfer to Form 2106, Line 7, which states - "Enter reimbursements received from your employer that were not reported to you in Box 1 of Form W-2. Include any reimbursements reported under Code "L" in Box 12 of your Form W-2 (see instructions)."

Based on these instructions, UltraTax CS will carry the Code L amount to Form 2106 (as long as a unit has been added on the 2106 screen, in the 1040 adjustments folder).

Note that if the amount reported to Code L is > than the 2106 items, there will be an additional entry on the Salaries and Wages Report, in Forms View, in the Wage folder (displayed below), indicating the excess reimbursements. Again, this amount is to be included per instructions.