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IRA Contributions

Forum|Forum|7 years ago
June 5, 2019
3 replies
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I am not sure where do I get information about IRA. I can track the amount I have contributed for IRA looking at the site. But I havent received any form as mentioned on tax filing question. How do I make sure the info I am inserting is correct

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Best answer by macuser_22

You do not contribute to an IRA from your paycheck. You might have an employer sponsored retirement plan such as a 401(k) or 401(k) Roth, but those are not IRA's. They are only reported in box 12 on you W-2 and nowhere else.

macuser_22

Employee

What are you inserting? Did you make a new IRA contribution?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

S

sth-pratikAuthor

No its the amount I am contributing from my paycheck.Does W2 form itself comes deducting my contibutions

macuser_22Answer

Employee

You do not contribute to an IRA from your paycheck. You might have an employer sponsored retirement plan such as a 401(k) or 401(k) Roth, but those are not IRA's. They are only reported in box 12 on you W-2 and nowhere else.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**