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The S125 MEECMP deduction refers to a tax provision under Section 125 of the Internal Revenue Code, specifically related to cafeteria plans. It allows employees to set aside pre-tax dollars for qualified medical expenses, thereby reducing their taxable income. MEECMP stands for "Medical Expense and Employee Contributions for Medical Plans," and the deduction helps employees manage healthcare costs while providing tax advantages. This deduction is particularly beneficial for employees participating in employer-sponsored health plans.

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2d ago

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What is the age and value of a Mossberg and sons no S125 22 s-l-lr?

I know of no such model number. There was a Model S, but no S125, nor Model 125. Please check model number, and repost. You can also post a message to my messgae board.


What does S125 mean in box 14 other on your W-2?

S125 in box 14 of your W-2 typically refers to amounts related to a Section 125 cafeteria plan. This type of plan allows employees to choose from a variety of pre-tax benefits, such as health insurance or flexible spending accounts. The amount listed as S125 represents the contributions made to these benefits, which can reduce your taxable income. Always consult a tax professional for specific guidance related to your situation.


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