Ohio Updates W2 Specs for 2018 Reporting

October 18, 2018 Nicolette Chasse

The Ohio Department of Taxation has published W-2 Magnetic Media specifications for TY2018 reporting. The following record changes have been made:

  • A new box 12 Code GG money field, Income from Qualified Equity Grant Under Section 83, has been added to the:
    • RO (Employee Optional) Record in positions 122-132
    • RU (Total Optional) Record in positions 160-174
  • A new box 12 Code HH money field, Aggregate Deferrals Under Section 83 Elections as of the Close of the Calendar Year, has been added to the:
    • RO (Employee Optional) Record in positions 133-143
    • RU (Total Optional) Record in positions 175-189

In addition to the above record changes, the following changes have been made:

  • The Social Security Wage Base for TY2018 is $128,400
  • The employer and employee tax rate for Social Security will be withheld at 6.2% up to $7,960.80
  • The 2018 Social Security and Medicare coverage threshold for Household wages is $2,100

The “Filing Reminders” section has been expanded, with more information provided for clarity.

To review the specifications in full, please follow the link.

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