Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
R
royb29
February 4, 2023
Question

I have 401K. Am I entering that as contribution to traditional IRA?

  • February 4, 2023
  • 2 replies
  • 0 views
No text available

2 replies

X
xmasbaby0
Employee
February 4, 2023

No.   If you have a 401k through your employer you are entering that when you enter your W-2.  You do not enter it again.

**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.**
DoninGA
DoninGA
Employee
February 4, 2023

NO.  You do not enter contributions to an IRA if you only have a 401(k) retirement account.

 

Your contributions to the 401(k) are reported on your W-2 in box 12 with a code of D.  They are not entered anywhere else on a tax return.

TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification