where do i enter my contributions for 2024 to a 401K?

Forum|Forum|1 year ago
January 29, 2025
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Best answer by MinhT1

In TurboTax, you do not need to enter contributions you made to your 401(k) plan at work.

These contributions are already reported on your form W-2 in box 12 with code D and have already been excluded from taxation in the amount reported in Box 1 of your W-2.

Please check that your W-2 has the amount of your 401(k) contributions in box 12 code D and enter your W-2 in TurboTax as received.

MinhT1Answer

In TurboTax, you do not need to enter contributions you made to your 401(k) plan at work.

These contributions are already reported on your form W-2 in box 12 with code D and have already been excluded from taxation in the amount reported in Box 1 of your W-2.

Please check that your W-2 has the amount of your 401(k) contributions in box 12 code D and enter your W-2 in TurboTax as received.

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DoninGA

Employee

The contributions you made to the 401(k) are on your W-2 in box 12 with a code of D. You do not enter the contributions anywhere else on a tax return.

xmasbaby0

Employee

If you are a W-2 employee, your 401k contributions are on your W-2. (Usually in box 12) When you enter all the boxes from your W-2, you are done entering anything about the 401k. You 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.**