I found this on the web:The new questions and answers are: How should employees ensure their HWB Program bonus remain exempt from NYS taxes when filing their 2022 taxes, as W-2 income for Federal and State taxes must match? Eligible employees should complete Form IT-225 and submit with their NYS tax return. When reporting employee earnings, what box on the W-2 should the HWB Program bonus be listed? A. The HWB Program bonus should be recorded in Box 14 of the W-2.

Level 5

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In box 14 on the w2 there is a code HCW (health care worker bonus). Do we need to complete for IT-225 for NYS to get the tax credit on the state?

Forum|Forum|3 years ago
February 20, 2023
1 reply
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Best answer by walnut123

Please elaborate. I don't know what #143 means

Happy to.

Open the IT-225.Other Additions and Subtractions Statement

In Schedule B, Part 1 look for code S143. Health Care Bonus amount is entered here.

qbteachmt

Level 15

I found this on the web:

The new questions and answers are:

How should employees ensure their HWB Program bonus remain exempt from NYS taxes when filing their 2022 taxes, as W-2 income for Federal and State taxes must match?
Eligible employees should complete Form IT-225 and submit with their NYS tax return.
When reporting employee earnings, what box on the W-2 should the HWB Program bonus be listed? A. The HWB Program bonus should be recorded in Box 14 of the W-2.

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chiodoincAuthor

Level 5

Thank you. I did see this but the proseries does not autogenerate the form on the state side. When I select it, there are no input fields. Should I be using a certain identification code in box 14 when I enter the HCW amount? The third column does not give me any options that match a health care bonus to trigger the IT 225 form. Thank you again.

W

walnut123

Level 3

#143

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