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Box 14 of the W-2 form can include a variety of information, depending on the employer's reporting practices. The letter "K" in this box typically indicates the amount of income that was earned as a nonqualified deferred compensation plan. This information is important for employees to report on their tax returns, as it may affect their taxable income. Always refer to the specific instructions provided by your employer for the most accurate interpretation.

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AnswerBot

2mo ago

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