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

Show expandable text

New (tax) year, new help!

Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

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.

Was this article helpful?

Thank you for the feedback!