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There is an amount on line 12 of my W-2. Is this information relevant when preparing my tax return?

There is an amount on line 12 of my W-2. Is this information relevant when preparing my tax return?
 
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Category : > Income Tax Filing Across The USA
Posted On : Fri Nov 26th,2010

 
There is an amount on line 12 of my W-2. Is this information relevant when preparing my tax return?
 

 There is an amount on line 12 of my W-2. Is this information relevant when preparing my tax return?

Yes, in some situations the information is relevant. This information can have a dramatic affect on certain items.
One example is that it can trigger a "Saver's Credit".

  


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