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<< Does anyone know if a mandatory government pension quailifies as a "mandatory state insurance fund"? Box 14 of my W-2 has the word "pension" and the amount of my annual pension contirbutions. When I entered this into Turbo-Tax, it said that this deduction was only for certain "state mandatory insurance funds" and it listed a few, none of which was a pension. This entry on box 14 only started in 1997 when there was a change to the law that said my pension contributions could be deducted pre-tax. Before that, my prior W-2's are blank in box 14. >>

I think I saw this same question (yours?) over on Usenet, and it included the fact that TurboTax was adding the box 14 amount to the itemized deductions. It seems clearer here.

Question: Is the amount in box 14 reflected in the amount in box 1? IOW, have your box 1 wages been reduced by the amount shown in box 14? If so, leave it out of TT's box 14 entry. If not, contact your payroll people to find out why box 1 is wrong. Another quick way of checking is to add box 1 and box 14. The total should equal box 5, Medicare wages.

I think TT is assuming amounts entered in box 14 as "mandatory state insurance funds" are something akin to the California Disability fund deduction, which is a Schedule A deduction. Yours is a pension, not an insurance fund.

Phil Marti
Tax Preparer
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