Discussion:Box 14: What does 'RET TS' stand for?
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Discussion Forum Index --> Tax Questions --> Box 14: What does 'RET TS' stand for?
| 15 March 2007 | |
| This is on the W-2 of a school teacher. I've never seen this before. She is a retirement plan participant so I think it might have to do with that. | |
| March 15, 2007 | |
| Here is the only thing I found about this. | |
| 15 March 2007 | |
| I have one of those also, also a school teacher. And the box on the W-2 for retirement plan is not checked. Client confirmed that she is in a retirement plan and the RET TS amount was the amount deferred. | |
| 15 March 2007 | |
| Chase, I have seen that before and from what I remember, RET is definitely "Retirement" TS was "Tax Shelter Annuity" (TSA)
Dar | |
| 15 March 2007 | |
| Thank you all for the above.....I don't think it has any tax impact based upon the comments. | |
Electrolite (talk|edits) said: | 8 April 2007 |
| I am a teacher and have a specific amount for RET TS listed in box 14 of my W2. I'm doing my taxes on Turbo Tax and when I enter that code it comes up as unrecognizable. I didn't sign up for a voluntary TSA and only have the state teacher's retirement for California. How do I list this amount and what is it? | |
| 8 April 2007 | |
| ask your employer what it is, ask Turbo tax how to input it.
It probably has no effect on your taxes anyway. | |
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