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February 13, 2024
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What do you do if you have a Roth IRA embedded in your 401k?

  • February 13, 2024
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Best answer by dmertz

It's not a Roth IRA, it's a designated Roth account within the 401(k).  Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.

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dmertzAnswer
Employee
February 13, 2024

It's not a Roth IRA, it's a designated Roth account within the 401(k).  Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.