What is the BOX 12 code for uncollected social security tax on tips?

The correct BOX 12 code for uncollected social security tax on tips is indeed A. This code is used on Form W-2 to report the amount of uncollected social security tax that applies to tips given to employees. When tips are not subjected to withholding for social security tax, it is essential for both the employee and the IRS to be aware of this uncollected amount, especially for tax calculations and compliance purposes.

Using this code allows for clear communication of the specific tax situation concerning employee tips, helping ensure accurate reporting and processing of taxes. In summary, code A accurately reflects the specific type of uncollected social security tax on tips, confirming its role in federal tax reporting for individuals engaged in tip-receiving positions.