Question

Are employee 410k contributions entered as Traditional IRA

Forum|Forum|4 years ago
March 24, 2022
1 reply
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TurboTax Deluxe Online

Please clarify your question? Employee 401K contributions are typically reported on your W-2. Where are you trying to enter them as Traditional IRA.

K

kociankAuthor

If the 410k contribution is on my W2, is there anything more I need to do? When I file my return, were would I see that 401k contribution through my employer on the return?

Thanks

F

FangxiaL

No, you don't need to enter your 401(k) contribution anywhere on your tax return. Just enter the W-2 form as it is reported to you. The 401(k) contribution is not included in Box 1 of your W-2 form, The amount you contributed in 2021 shows in Box 12 with code D.

@kociank

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