A new W2 Box 12 Letter TA has been added on the Employee > Fed tab for handling contributions to a Trump Account:
TA - Trump Account Contributions: Employer contributions under a section 128 Trump account contribution program paid to a Trump account of an employee or a dependent of an employee.
Any amounts to be reported under letter TA will need to be set up manually on the employee’s file and should NOT be linked to a deduction accumulator as they are not reflected in any of the payroll check totals.
These amounts will be reported in Box 12 under the heading Box 12TA - W2 Box 12 - Code TA - Employer contributions to your Trump account.
