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March 14, 2025
Question

TurboTax shows our AGI as total income despite 401(k) contributions, with no adjustment. I verified W-2 entries, including Box 12. How can we fix this?

  • March 14, 2025
  • 1 reply
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    1 reply

    VolvoGirl
    Employee
    March 14, 2025

    The 401K in W2 box 12 have already been deducted from the wages in box 1 and you can’t deduct them again.   See box 1 should be less than boxes 3 & 5.  Ask your employer.