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April 13, 2025
Question

how can I add a simple IRA contribution to my taxes that I have though my employer. I am not self employed

  • April 13, 2025
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    April 13, 2025

     

    Since you are an employee, your SIMPLE IRA contributions are reported on your W-2 in Box 12 with code S. You only need to enter this information in the W-2 section of TurboTax

     

    If your contributions are note on your W-2 to add your SIMPLE IRA contributions through your employer in TurboTax, you need to look at Box 12 on your W-2 form. The contributions will be reported with code S in Box 12. Here’s how to enter this information:

    1. Open TurboTax and navigate to the "Federal Taxes" section.
    2. Select "Income".
    3. Choose "W-2" and start entering your W-2 information.
    4. When you reach Box 12, enter the code S and the amount of your SIMPLE IRA contributions (only enter this if this is how it appears on your W-2)

    For more detailed guidance, you can refer to the following sources: