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Paying for College
1

<p>on question:
PI-190</p>

<p>Enter payments to tax-deferred pension and savings plans (paid directly or withheld from earnings) including, but not limited to, amounts reported on W-2 Forms in Boxes 12a through 12d, codes D, E, F, G, H, and S. Include untaxed payments to 401(k) and 403(b) plans. </p>

<p>Where do I get the information for the 401-K plans. would that simply be how much my mom and how much my dad contributed to their 401-K plans last year? </p>

<p>Dont the boxes on the W-2 12a throguh 12d mean the same thing (dont the boxes mean how much was contributed last year??)</p>

2

<p>bump.bump.bump.bump it up.</p>

3

<p>According to the IRS <a href="http://www.irs.gov/pub/irs-pdf/fw2.pdf%5B/url%5D"&gt;http://www.irs.gov/pub/irs-pdf/fw2.pdf&lt;/a>
Section 12 does addres 401K and 403B issues however I believe your school will be interested in this year's withholdings not last year. This year's tax filing. For now it will need to be an estimate. GOOD LUCK</p>

4

<p>Well that info is not available b/c my parents will not file until early next year. Then will I just add whats up in section 12 of the W-2 and list it there?</p>

5

<p>sorry to bump again, but need answer fast.</p>

<p>when it says included untaxed payments to 401k...its the same thing as the boxes correct?</p>

6

<p>yes your retirement contributions are taken from before tax income
I assume unless parents increased deductions
their contributions this year will be same as last year
its more important to get it in on time- than to have every number correct</p>

<p>when you submit your signed 1040 forms to schools they will have the updated info- but for right now- they are apparently looking for some sort of ball park for aid</p>