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February 24, 2021
Question

I entered my 401k and IRA information from my W-2 do I need to re-enter it in the deduction/credit section of turbo tax

  • February 24, 2021
  • 2 replies
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2 replies

DoninGA
Employee
February 24, 2021

No.  Any tax deferred contributions reported on your W-2 are not entered anywhere else on a tax return.

VolvoGirl
Employee
February 24, 2021

NO!  Only enter it from the W2.  It has already been deducted from the wages in box 1 so you can't deduct it again.