Do I have to add my 401K box 12 onto my taxes ?

Forum|Forum|2 years ago
April 15, 2024
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xmasbaby0

Employee

You enter it when you enter the boxes from your W-2. Do not enter it anywhere else.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

zamora0210Author

Ok but I’m getting charge 133 to put my 401k contributions . I’ve put it in the past and was never charged that amount . Do I have to claim it in my taxes ? I never withdraw it or anything .

VolvoGirl

Employee

Go back to My Info and say you are a student. Then it won't give you the retirement savings credit. It won't affect anything else.

DawnC

Employee

Go through the Retirement Savings Contribution Credit section. If you take the credit, TurboTax will upgrade you to Deluxe - that credit on Form 8880 is not included in Free Edition. Saver's Credit requirements