Solved
Are my work 401 K benefit plan contributions, traditional IRA contributions?
I have 401 K benefit provided by my employer and I have opted to deduct 6% off my pay check every month. W2 indicates this amount as 12D.
Now when reached at Deduction & Credits, Turbo Tax is asking me that did I make any contributions to Traditional IRA? Since Turbo Tax has already picked up my W2, do I need to enter this amount again here? FWIW, I didn't contribute to my IRA anything more than what my employer offers me as a benefit.
Now when reached at Deduction & Credits, Turbo Tax is asking me that did I make any contributions to Traditional IRA? Since Turbo Tax has already picked up my W2, do I need to enter this amount again here? FWIW, I didn't contribute to my IRA anything more than what my employer offers me as a benefit.
