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New Member
posted Jun 4, 2019 3:07:51 PM

I have entered all of the information for my 403b (boxes 12a and 12b) from my W2; none of this appears on my prepared tax return (3rd year in a row). Why is this?

I have entered all of the information exactly as printed on my W2 into the system; However the information for my 403b is not reflected on my prepared tax return (for the third year in a row.)

0 1 432
1 Replies
New Member
Jun 4, 2019 3:07:52 PM

Your 403b contributions usually won't appear anywhere on your return.  Your taxable wages reported in box 1 have been reduced by your 403b contributions reported in box 12.  This has the same effect as a tax deduction.

If you qualify for the Saver's Credit, the software would generate a form 8880 and an entry on line 51 of your 1040.