Drake Accounting®: What are the available W-2 Withholding Codes that can be associated with deductions?
When setting up deductions at Employees > Deductions & Benefits, you can choose from the following list of withholding codes:
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| 401K |
| Cafeteria Plan |
| Disability Insurance |
| Employee Unemployment Insurance |
| Family Services |
| Family Leave Insurance Plan (Gross) |
Family Leave Insurance Plan (FICA)
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| Garnishment
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Maryland State Pickup Amount
- This is a mandatory employee retirement deduction for all employees in Maryland that participate in the retirement system.
- This deduction is not subject to federal tax but is subject to Maryland state and local tax.
- If this withholding applies, also select the W-2 Box 14.
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Private Disability Insurance Plan Contrib.
- Employee’s contribution to a private disability insurance plan.
- When a deduction is set up using this withholding code, you should also select the Employer has Private Disability Plan check box and enter the Plan Number (Client > Edit > Business Information).
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Public Employees Retirement Contrib.
- Employee's contribution to a public employee's retirement system.
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| Loan Repayment |
| Transportation Tax
Note: See Related Articles for more information.
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Workers' Benefit Fund
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| Long-Term Care Tax |